ACCT 567 Week 2 Case Study I
The General Fund of Middleville has presented you with the following trial
balance as of June 30, 2011.
Cash $ 40,000
Taxes Receivable- Delinquent 142,000
Estimated Uncollectible Taxes- Delinquent 9,100
ACCT 567 Week 4 Midterm Exam
1. (TCOs A and B) Fiduciary funds are to use which of the following
measurement and basis of accounting? (Points : 5)
Economic resource measurement focus and accrual basis of accounting.
Current financial resources measurement
ACCT 567 Week 6 Problem 12-4
Quad-States Community Service Agency expended federal awards during the
most recent fiscal year in the following amounts for the programs shown:
Additional information indicates that Programs 4 and 10 were audited as major
ACCT 567 Week 7 Problems 16-3 and
Elizabeth College, a small private college, had the following transactions in fiscal
1. Billings for tuition and fees totaled $5,600,000. Tuition waivers and
scholarships of $61,500 were granted. Students
ACCT 567 Week 5 Test All Questions
(TCO F) Any activities that produce goods or services to be provided to other
departments or other governmental units would be reported in which fund?
Internal Service Fund
ACCT 567 Week 5 Problems 8-4 and 94
The county collector of Lincoln County is responsible for collecting all property
taxes levied by funds and governments within the boundaries of the county. To
reimburse the county for estimated administrative expenses
ACCT 567 Week 5 Homework Case 8-1
Case 8 1
a. When was CalPERS established?
b. What types of employers contribute to CalPERS?
c. How many individuals are served by CalPERS?
d. How many and what types of funds are administered by CalPERS?
e. For the most r
ACCT 567 Week 5 Case Study City of
The City of Shipley maintains an Employee Retirement Fund; a single-employer,
defined benefit plan that provides annuity and disability benefits. The fund is
financed by a process that makes actuarially determine
ACCT 567 Week 4 Problems 7-3 and 78
During the fiscal year ended September 30, 2011, the following transactions
1. Employees were paid $290,000 wages in cash; additional wages of $43,500
were withheld for federal income and social s
ACCT 567 Week 3 Test All Questions
1. Question : (TCO A) Which of the following items are considered Required
Supplementary Information (RSI)?
Student Answer: Managements Discussion and Analysis
Budgetary Comparison Schedule
Schedule of Risk M
ACCT 567 Week 3 Problems 5-3 and 65
Make all necessary entries in the appropriate governmental fund general journal
and the government-wide governmental activities general journal for each of the
following transactions entered into by the City of Fordache