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ACCT 567 Education Your Life---acct567.com • ACCT 567 Entire Course (Keller) • For more course tutorials visit • www.acct567.com • ACCT 567 Week 1 Exercises • ACCT 567 Week 2 Case Study I • ACCT 567 Week 2 Problems 3-9 and 4-4, 4-6, 4-10 • ACCT 567 Week 3 Problems 5-3 and 6-5 • ACCT 567 Week 4 Midterm Exam • ACCT 567 Week 4 Problems 7-3 and 7-8
ACCT 567 Education Your Life---acct567.com • ACCT 567 Week 1 Exercises (Keller) • For more course tutorials visit • www.acct567.com • From the textbook, complete the following problems. • Chapter 1: Exercise 1–3 Chapter 2: Exercises 2–3 and 2–5
ACCT 567 Education Your Life---acct567.com • ACCT 567 Week 2 Case Study I (Keller) • For more course tutorials visit • www.acct567.com • ACCT567 Case Study I (Week 2) • The General Fund of Middleville has presented you with the following trial balance as of June 30, 2011. • Debits Credits • Cash $ 40,000 • Taxes Receivable- Delinquent 142,000
ACCT 567 Education Your Life---acct567.com • ACCT 567 Week 2 Problems 3-9 and 4-4, 4-6, 4-10 (Keller) • For more course tutorials visit • www.acct567.com • From the textbook, complete the following problems. • Problems 3-9 and 4-4, 4-6, 4-10
ACCT 567 Education Your Life---acct567.com ACCT 567 Week 3 Problems 5-3 and 6-5 (Keller) For more course tutorials visit www.acct567.com 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. 1. The city received a donation of land that is to be used by Parks and Recreation for a park. At the time of the donation, the land had a fair value of $5,200,000
ACCT 567 Education Your Life---acct567.com • ACCT 567 Week 3 Test All Questions and Answers (Keller) • For more course tutorials visit • www.acct567.com • ACCT 567 Week 3 Test All Questions and Answers
ACCT 567 Education Your Life---acct567.com ACCT 567 Week 4 Midterm Exam (Keller) For more course tutorials visit www.acct567.com 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 focus and accrual basis of accounting.
ACCT 567 Education Your Life---acct567.com • ACCT 567 Week 4 Problems 7-3 and 7-8 (Keller) • For more course tutorials visit • www.acct567.com • During the fiscal year ended September 30, 2011, the following transactions (summarized) occurred: • 1. Employees were paid $290,000 wages in cash; additional wages of $43,500 were withheld for federal income and social security taxes. The employer’s share of social security taxes amounted to $23,375.
ACCT 567 Education Your Life---acct567.com ACCT 567 Week 5 Case Study City of Shipley (Keller) For more course tutorials visit www.acct567.com 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 determined contributions from the city’s General Fund and by contributions that are made by the employees.
ACCT 567 Education Your Life---acct567.com • ACCT 567 Week 5 Homework Case study (Keller) • For more course tutorials visit • www.acct567.com • 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 recent reporting period, what is the value of total fiduciary assets?
ACCT 567 Education Your Life---acct567.com ACCT 567 Week 5 Problems 8-4 and 9-4 (Keller) For more course tutorials visit www.acct567.com 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 of operating the tax agency fund, the agency fund deducts 1 percent from the collections for the town,
ACCT 567 Education Your Life---acct567.com • ACCT 567 Week 5 Test All Questions and Answers (Keller) • For more course tutorials visit • www.acct567.com • 1. • Question : • (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? • Enterprise Fund • Internal Service Fund
ACCT 567 Education Your Life---acct567.com • ACCT 567 Week 6 Problem 12-4 (Keller) • For more course tutorials visit • www.acct567.com • 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 programs in each of the two preceding fiscal years, with no audit findings reported. • Required
ACCT 567 Education Your Life---acct567.com • ACCT 567 Week 7 Problems 16-3 and 17-6 (Keller) • For more course tutorials visit • www.acct567.com • Elizabeth College, a small private college, had the following transactions in fiscal year 2011. • 1. Billings for tuition and fees totaled $5,600,000. Tuition waivers and scholarships of $61,500 were granted. Students received tuition refunds of $101,670.
ACCT 567 Education Your Life---acct567.com ACCT 567 Week 8 Final Exam (Keller) For more course tutorials visit www.acct567.com 1. (TCO A) On what should the government-wide financial statements report? (Points : 5) Net position and results of the financial operations of the government as a whole.Budgetary ComplianceThe cost of government services