C ontract p ayable 550000 f und b alance r estricted

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:CONTRACTPAYABLE$ 550,000FUNDBALANCE:RESTRICTEDFORCOURTHOUSEANNEX550,000TOTALLIABILITIESANDFUNDBALANCE$1,100,0005 -5(A)EASTVILLE CITY LIBRARY PERMANENT FUNDGENERAL JOURNALCLOSING ENTRYDEBITSCREDITSREVENUES: ADDITIONSTOPERMANENTENDOWMENTSREVENUES: INVESTMENTINCOMEREVENUES: INCREASEINFAIRVALUEOFINVESTMENTSEXPENDITURESSUBSCRIPTIONSFUNDBALANCE500,00052,0008,00049,500510,5005-20
Accounting for Other Governmental Funds5-5 (B)EASTVILLE CITY LIBRARY PERMANENT FUNDSTATEMENT OF REVENUES, EXPENDITURES, ANDCHANGES IN FUND BALANCEYEAR ENDED JUNE 30, 2015REVENUES: ADDITIONSTOPERMANENTENDOWMENTS$ 500,000INVESTMENTINCOME52,000INCREASEINFAIRVALUEOFINVESTMENTS8,000TOTALREVENUES560,000EXPENDITURES:LIBRARYSUBSCRIPTIONS49,500NETCHANGEINFUNDBALANCE510,500FUNDBALANCE, JAN. 1, 2015--0-- FUNDBALANCE, DEC. 31, 2015$ 510,5005-5 (C)EASTVILLE CITY LIBRARY PERMANENT FUNDBALANCE SHEET AS OF DECEMBER 31, 2015ASSETSCASH$ 8,500INVESTMENTS508,000ACCRUEDINTERESTRECEIVABLE2,000TOTALASSETS$ 518,500LIABILITIESANDFUNDBALANCELIABILITIES:ACCOUNTSPAYABLE$ 8,000FUNDBALANCE:NONSPENDABLE– PERMANENTFUNDPRINCIPAL500,000ASSIGNEDTOLIBRARY10,500TOTALFUNDBALANCE510,500TOTALLIABILITIESANDFUNDBALANCE$ 518,5005-21
Accounting for Other Governmental Funds5-6 (A).ARMSTRONG COUNTYCOUNTY OFFICE BUILDING CONSTRUCTION FUNDCAPITAL PROJECTS FUND GENERAL JOURNALDEBITSCREDITS1.CASHOTHERFINANCINGSOURCES-PROCEEDSOFBONDS8,500,0008,500,0002.ENCUMBRANCESCONTROLBUDGETARYFUNDBALANCE- RESERVEFORENCUMBRANCES8,400,0008,400,0003.BUDGETARYFUNDBALANCE- RESERVEFORENCUMBRANCESENCUMBRANCESCONTROLCONSTRUCTIONEXPENDITURESCONTRACTSPAYABLECONTRACTSPAYABLECONTRACTSPAYABLE-RETAINEDPERCENTAGECASH6,000,0006,000,0006,000,0006,000,0006,000,000300,0005,700,0004.BUDGETARYFUNDBALANCE- RESERVEFORENCUMBRANCESENCUMBRANCESCONTROLCONSTRUCTIONEXPENDITURESCONTRACTSPAYABLECONTRACTSPAYABLECONTRACTSPAYABLE-RETAINEDPERCENTAGECASH2,400,0002,400,0002,400,0002,400,0002,400,000120,0002,280,0005.CONTRACTSPAYABLE-RETAINEDPERCENTAGECONSTRUCTIONEXPENDITURESACCOUNTSPAYABLE420,00097,000517,0006A.. ACCOUNTSPAYABLECASH517,000517,0006B. OTHERFINANCINGUSES-TRANSFERSOUTCASH3,0003,0007.OTHERFINANCINGSOURCES-PROCEEDSOFBONDSCONSTRUCTIONEXPENDITURESOTHERFINANCINGUSES-TRANSFERSOUT8,500,0008,497,0003,0005-22
Accounting for Other Governmental Funds5-6 (B).ARMSTRONG COUNTYCOUNTY OFFICE BUILDING CONSTRUCTION FUNDSTATEMENT OF REVENUES, EXPENDITURES, ANDCHANGES IN FUND BALANCEYEAR ENDED JUNE 30, 2015REVENUES:$ --0--EXPENDITURES:CAPITALOUTLAY8,497,000EXCESS(DEFICIENCY) OFREVENUESOVEREXPENDITURESOTHERFINANCINGSOURCES(USES)PROCEEDSOFBONDSTRANSFERSOUT(8,497,000)8,500,000(3,000)TOTALOTHERFINANCINGSOURCES(USES)8,497,000NETCHANGEINFUNDBALANCE--0--FUNDBALANCE, JULY1, 2014--0-- FUNDBALANCE, JUNE30, 2015$ --0-- 5-23
Accounting for Other Governmental Funds5-7 (A).

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