1. A city government reported a $9,000 increase in net position in the
motor pool internal service fund, a $12,000 increase in net position in the
water enterprise fund, and a $7,000 increase in the employee pension
fund. The motor pool internal service f
FIN 350, 15F
Fin 350 Business Finance
Due Date: November 4, 2015
Answer All Questions. Read all the answers carefully and select the best answer for each question.
A 30-day T-bill is currently yielding 5.5%. The follo
1. Equipment in general governmental service that had been acquired several years ago by a
special revenue fund at a cost of $40,000 was sold for $15,000 cash. Accumulated
depreciation of $30,000 existed at the time of the sale. The journal entry to be ma
SAN FRANCSICO STATE
Since you will be graded using a positive grading system it is to your advantage to ATTEMPT
EVERY QUESTION. If you have any questions ask me.
1. The following general capital assets were own
SPRING 2015 MIDTERM 2
1. Which of the following statements is the most significant characteristic in determining the
classification of an enterprise fund? CHAPTER 7
a. The predominant customer is the primary government.
b. The pricing polic