Capital Projects FundCITY JAIL CAPITAL PROJECTS FUNDCONTRACTS PAYABLEreference Account TitlesDebitsCredits CASHACCOUNTS PAYABLERETAINED PERCENTAGE14,200,000200,0001111,282,5001,282,50081267,50067,50085-C-11Cash4,200,00091,340,000121,0003123,217,5003,150,00012Other financing- proceeds from bond4,000,00050,000515474,500459,30013Other financing sources- premium bond200,000150,0006200,000141,282,50011Other financing- Transfer out200,0003,217,50012Cash200,000474,5001514,700152Due from State Gov1,340,000Revenues- Intergovernmental1,340,000117,300-29,8003Capital Expenditures121,000BUDGETARY FUND BALANCECash121,000 DUE FROM STATE ENCUMBRANCES RESERVE FOR ENCUMBRANCESRESERVE FOR ENCUMBRANCES GOVERNMENT4250,00050,0005550,000250,00044Encombrances Control250,00021,340,0001,340,000974,500,000150,00066150,0004,500,0007Budgetary Fund Bal- Reserve for Encombrances250,00010459,3001,350,000881,350,000459,300103,150,00012123,150,0005Budgetary Fund Bal- Reserve for Encombrances50,000459,3001313459,300Encombrances Control50,000200,0001414200,000Capital Expenditure50,000-Cash50,000(150,000)(150,000)6Budgetary Fund Balance- Reserve for Encombrances150,000 CAPITALOTHER FIN. USESEncombrance Control150,000 EXPENDITURESTRANSFERS OUT3121,0001200,000Capital Expenditure150,000550,0001614,700Cash150,0006150,0008135,0007Encombrances Control4,500,000123,150,000Budgetary Fund Balance- Reserve for Encombrances4,500,00013459,30014200,0008Budgetary Fund Balance- Reserve for Encombrances1,350,000Encombrances Control1,350,0004,265,300214,700Capital Expenditure1,350,000Accounts Payable1,282,500Contracts Payable- Retained percentage67,500 REVENUESOTHER FIN. SOURCESOTHER FIN. SOURCESINTERGOVERNMENTAL BOND PROCEEDS BOND PREMIUM9Cash1,340,0001,340,00024,000,0001200,0001Due from State Government1,340,00010Encombrances Control459,5001,340,0004,000,000200,000Budgetary Fund Balance- Reserve for Encombrances459,50011Accounts Payable1,282,500Total Debits 4,359,800Cash1,282,500Total Credits5,507,30012Budgetary Fund Balance- Reserve for Encombrances3,150,000Encombrances Control3,150,000Capital Expenditure3,150,000Contracts payable- Retained percentage67,500Accounts payable3,217,500Accounts payable3,217,500Cash3,217,50013Budgetary Fund Balance- Reserve for Encombrances459,300Encombrances control459,30014Budgetary Fund Balance- Reserve for Encombrances200,000Encombrances Contrl200,000Capital Expenditure200,000Accounts Payable200,00015Accounts payable474,500Cash474,500Other financing uses- transfer out14,700cash14,700
&"Arial,Bold"&14City of Monroe - City Jail Construction Fund
Debt Service Funds CASHFUND BALANCE ASSIGNEDreference Account TitlesDebitsCredits CASHWITH FISCAL AGENT FOR DEBT SERVICECITY HALL DEBT SERVICE FUNDbbbb580,000580,0001580,000bb5-C-21Expenditures - Bond interest180,0002574,000574,00022574,000574,0003Expenditures - Bond principal400,0004568,000568,00055568,00 ...
SRF Journal EntriesreferenceAccount TitlesDebitsCredits3-CType journal entries in the space provided. Link these to the T-accounts and link the T-account balancesto the financial statements provided on the tabs at the bottom of the page.4-C
&L&"Arial,Bold"&14City of Monroe- Street and Highway Fund Journal Entries
SRF T-accountsDUE FROMCASHINVESTMENTSSTATE GOV'Tbb6,500bb55,000bb200,0006,50055,000200,000BUDGETARY FUND BALANCEFUND BALANCEACCOUNTS PAYABLERESERVE FOR ENCUMBRANCESRESERVE FOR ENCUMBRANCES(beginning of year)6,300bb-bb255,200bb6,300-255,200REVENUESREVENUESEXPENDITURES - STREETINTERGOVERNMENTALINVESTMENT INTEREST& HIGHWAY MAINTENANCEENCUMBRANCES----BUDGETARY ACCOUNTSBUDGETARYESTIMATED REVENUESAPPROPRIATIONSFUND BALANCE---
&L&16City of Monroe&C&16
Street and Highway Fund - General Ledger
Closing EntriesBUDGETARYAccount TitleDebitsCreditsFUND BALANCE-Preclosingclosing entry-FUND BALANCE255,200Preclosingclosing entry255,200ending balanceComplete the following tableNon-spendableRestrictedCommittedAssignedUnassignedTotalFund Balance-Budgetary Fund Balance - Reserve for Encumbrances-Totals------
&L&14City of Monroe&C&14
STREET & HIGHWAY MAINTENANCE FUND - Closing Entries
Stmt of revenues & expendituresRevenuesIntergovernmental RevenuesInterest on InvestmentsTotal Revenues$ -ExpendituresCurrent:Street & Highway MaintenanceTotal Expenditures-Excess (Deficiency) of Revenues Over Expenditures-Fund Balance, January 1Fund Balance, December 31$ -
&L&"Times New Roman,Regular"&14City of Monroe
Statement of Revenues, Expenditures and Changes in Fund Balance
Street and Highway Maintenance Fund
For the year ended December 31, 2014
Balance SheetAssetsCashInvestmentsDue from State GovernmentTotal Assets$ -Liabilities and Fund EquityLiabilitiesAccounts PayableFund EquityFund Balance - Restricted forStreet and Highway MaintenanceTotal Liabilities and Fund Equity$ -
&L&"Times New Roman,Regular"&14City of Monroe
Street & Highway Maintenance Fund
Balance Sheet
As of December 31, 2014
Problem 1Problem 1Required: Identify the financial statement on which each of the following items appears by making an X in the appropriate column. The first one is done for you!(15 points total, 1 point each)IncomeBalanceStatement ofItemStatementSheetCash FlowsAccounts PayableXAccounts ReceivableAdvertising ExpenseCommon StockDividendsEquipmentFinancing ActivitiesInvesting ActivitiesLandOperating ActivitiesRent ExpenseRetained EarningsRevenueSalaries PayableUtility Expense
Problem 2Problem 2Required: Show the effects on the financial statements using a horizontal statement model as outlined below. The first one is done for you!(35 points total, 5 points each)1Sold $30,000 in merchandise for cash2Paid $5,000 for rent with cash3Paid $10,000 in salaries to employees with cash4Sold $25,000 in merchandise and customer paid on credit5Collected $10,000 cash for transaction #46Purchased a building for $100,000 and took out a loan for the money7Paid $1,200 for insuranceBala.
Conversion worksheetGreen shaded cells are from Chapter 5 financia.docxmaxinesmith73660
Conversion worksheetGreen shaded cells are from Chapter 5 financial StatementsEnter all amounts as positive numbers. The worksheet is formatted to add debits to assets & expenses and add credits to revenues, liabilities & equityRefr. Account TitlesDebitsCreditsGov'tal Fund Balances Adjustments & EliminationsGovern-mental Funds AdjustedInternal Service FundsBalances for Gov't-wide StmtsDebitsCreditsDebitsCreditsAtype debit accounts in this columnDEBITS:type credit accounts in this columnCash830,320830,320830,320Cash with Fiscal Agent928,000928,000928,000Investments259,000259,000259,000Taxes Receivable, net274,000274,000274,000Interest Receivable, net16,85016,85016,850Inventories--Due from State Govt.580,000580,000580,000Due from Other Funds--Capital Assets-- both rows--Expenditures (expenses) Current- General Govt.1,646,9001,646,9001,646,900 Public Safety3,026,9003,026,9003,026,900 Highway and Streets2,471,9002,471,9002,471,900 Sanitation591,400591,400591,400 Health724,100724,100724,100 Welfare374,300374,300374,300 Culture and Recreation917,300917,300917,300Compensated Absences Exp--Other Expenditures (expenses)-- - Debt Service Principal800,000800,000800,000 - Interest (expenditure/expense)514,000514,000514,000 both rows - Capital Outlay5,798,1005,798,1005,798,100 - Depreciation--Other Fin. Uses - Transfers Out1,876,7001,876,7001,876,700-Total Debits21,629,77021,629,770CREDITS:Accounts Payable493,400493,400493,400Due to Other Funds40,20040,20040,200Accrued Interest Payable--Bonds Payalbe both rows--Premium on Bonds--Compensated Absence Payable--Advance from Water Utility Fund--Deferred Inflows: Property Taxes27,50027,50027,500Accumulated Depreciation both rows--Revenues-Property Taxes6,657,5006,657,5006,657,500Sales Taxes2,942,0002,942,0002,942,000Interest21,22021,22021,220Licenses & Permits800,000800,000800,000Miscellaneous350,000350,000350,000State Grant for Highway Street Expenses1,072,0001,072,0001,072,000Capital Grant- Gen Gov't332,000332,000332,000Capital Grant- Public Safety1,320,0001,320,0001,320,000----Other Financing Sources--Proceeds of Bonds4,000,0004,000,0004,000,000Premium on Bonds200,000200,000200,000Transfers In1,876,7001,876,7001,876,700Net Position at beginning of year- three rows1,497,2501,497,2501,497,250Total Credits21,629,77021,629,770column totals: debits = credits ??------
CITY OF MONROE
WORKSHEET TO CONVERT GOVERNMENTAL ACTIVITIES TO ACCRUAL BASIS
Stmt of ActivitiesProgram RevenuesNet (Expense) Revenue and Change in Net PositionExpensesCharges for ServicesOperational Grants and ContributionsCapital Grants and ContributionsGovernmental ActivitiesBusiness-Type ActivitiesTotalFunctions/ProgramsGovernmental Activities: General Government$ -$ - Public Safety-- Highways and Streets-- Sanitation-- Health-- Welfare-- Culture and Recreation-- Depreciaiton-- Interest-- Compensated Absneces-- Total Governmental Activities------Business Type Activi.
Chapter 9 Exercise 31. Liquidity ratios. Edison, Stagg, and Thor.docxchristinemaritza
Chapter 9 Exercise 3
1. Liquidity ratios. Edison, Stagg, and Thornton have the following financial information at the close of business on July 10:
Edison
Stagg
Thornton
Cash
$4,000
$2,500
$1,000
Short-Term Investments
3,000
2,500
2,000
Accounts Receivable
2,000
2,500
3,000
Inventory
1,000
2,500
4,000
Prepaid Expenses
800
800
800
Accounts Payable
200
200
200
Notes Payable: Short-Term
3,100
3,100
3,100
Accrued Payables
300
300
300
Long-Term Liabilities
3,800
3,800
3,800
a. Compute the current and quick ratios for each of the three companies. (Round calculations to two decimal places.) Which firm is the most liquid? Why?
b. Suppose Thornton is using FIFO for inventory valuation and Edison is using LIFO. Comment on the comparability of information between these two companies.
c. If all short-term notes payable are due on July 11 at 8 a.m., comment on each company's ability to settle its obligation in a timely manner.
Chapter 9 Exercise 4
1. Computation and evaluation of activity ratios. The following data relate to Alaska Products Inc.:
20X5
20X4
Net Credit Sales
$832,000
$760,000
Cost of Goods Sold
440,000
350,000
Cash, Dec. 31
125,000
110,000
Accounts Receivable, Dec. 31
180,000
140,000
Inventory, Dec. 31
70,000
50,000
Accounts Payable, Dec. 31
115,000
108,000
2. The company is planning to borrow $300,000 via a 90-day bank loan to cover short-term operating needs.
a. Compute the accounts-receivable and inventory-turnover ratios for 20X5. Alaska rounds all calculations to two decimal places.
b. Study the ratios from part (a) and comment on the company's ability to repay a bank loan in 90 days.
c. Suppose that Alaska's major line of business involves the processing and distribution of fresh and frozen fish throughout the United States. Do you have any concerns about the company's inventory-turnover ratio? Briefly discuss.
Chapter 9 Problem 1
1. Horizontal and vertical analysis. The following financial statements pertain to Waterloo Corporation:
WATERLOO CORPORATION
Comparative Balance Sheets
December 31,20X5 and 20X4
20X5
20X4
Assets
Current Assets
Cash
$ 11,250
$ 12,500
Accounts Receivable (net)
18,500
25,000
Inventories
38,500
35,000
Prepaid Expense
__3,750
__3,750
Total Current Assets
$ 72,000
$ 76,250
Property, Plant, and Equipment
Buildings (net)
$ 102,750
$ 101,250
Equipment (net)
28,500
30,000
Vehicles (net)
32,000
40,000
Total Property, Plant, and Equipment
$ 163,250
$ 171,250
Trademarks (net)
__$ 14,750
__$ 2,500
Total assets
$ 250,000
$ 250,000
Liabilities and Stockholders' Equity
Current Liabilities
Accounts Payable
$ 49,000
$ 70,000
Notes Payable
13,500
40,000
Federal Taxes Payable
__2,500
__25,000
Total Current Liabilities
$ 65,000
$ 135,000
Long-Term Debt
__$ 50,000
__$ 25,000
Total Liabilities
$ 115,000
$ 160,000
Stockholders' Equity
Common Stock, $10 par
$ 25,000
$ 25,000
Retained Earnings
__110,000
__65,000
Total Stockholders' Equity
$ 135,000
$ 90,000
Total Liabilities a ...
For more course tutorials visit
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ACC 460 Week 1 Case 1-14 Research Case- Comparing Financial Reporting Objectives
ACC 460 Week 1 Ex 2-16 Matching Fund Types with Fund Categories
SRF Journal EntriesreferenceAccount TitlesDebitsCredits3-CType journal entries in the space provided. Link these to the T-accounts and link the T-account balancesto the financial statements provided on the tabs at the bottom of the page.4-C
&L&"Arial,Bold"&14City of Monroe- Street and Highway Fund Journal Entries
SRF T-accountsDUE FROMCASHINVESTMENTSSTATE GOV'Tbb6,500bb55,000bb200,0006,50055,000200,000BUDGETARY FUND BALANCEFUND BALANCEACCOUNTS PAYABLERESERVE FOR ENCUMBRANCESRESERVE FOR ENCUMBRANCES(beginning of year)6,300bb-bb255,200bb6,300-255,200REVENUESREVENUESEXPENDITURES - STREETINTERGOVERNMENTALINVESTMENT INTEREST& HIGHWAY MAINTENANCEENCUMBRANCES----BUDGETARY ACCOUNTSBUDGETARYESTIMATED REVENUESAPPROPRIATIONSFUND BALANCE---
&L&16City of Monroe&C&16
Street and Highway Fund - General Ledger
Closing EntriesBUDGETARYAccount TitleDebitsCreditsFUND BALANCE-Preclosingclosing entry-FUND BALANCE255,200Preclosingclosing entry255,200ending balanceComplete the following tableNon-spendableRestrictedCommittedAssignedUnassignedTotalFund Balance-Budgetary Fund Balance - Reserve for Encumbrances-Totals------
&L&14City of Monroe&C&14
STREET & HIGHWAY MAINTENANCE FUND - Closing Entries
Stmt of revenues & expendituresRevenuesIntergovernmental RevenuesInterest on InvestmentsTotal Revenues$ -ExpendituresCurrent:Street & Highway MaintenanceTotal Expenditures-Excess (Deficiency) of Revenues Over Expenditures-Fund Balance, January 1Fund Balance, December 31$ -
&L&"Times New Roman,Regular"&14City of Monroe
Statement of Revenues, Expenditures and Changes in Fund Balance
Street and Highway Maintenance Fund
For the year ended December 31, 2014
Balance SheetAssetsCashInvestmentsDue from State GovernmentTotal Assets$ -Liabilities and Fund EquityLiabilitiesAccounts PayableFund EquityFund Balance - Restricted forStreet and Highway MaintenanceTotal Liabilities and Fund Equity$ -
&L&"Times New Roman,Regular"&14City of Monroe
Street & Highway Maintenance Fund
Balance Sheet
As of December 31, 2014
Problem 1Problem 1Required: Identify the financial statement on which each of the following items appears by making an X in the appropriate column. The first one is done for you!(15 points total, 1 point each)IncomeBalanceStatement ofItemStatementSheetCash FlowsAccounts PayableXAccounts ReceivableAdvertising ExpenseCommon StockDividendsEquipmentFinancing ActivitiesInvesting ActivitiesLandOperating ActivitiesRent ExpenseRetained EarningsRevenueSalaries PayableUtility Expense
Problem 2Problem 2Required: Show the effects on the financial statements using a horizontal statement model as outlined below. The first one is done for you!(35 points total, 5 points each)1Sold $30,000 in merchandise for cash2Paid $5,000 for rent with cash3Paid $10,000 in salaries to employees with cash4Sold $25,000 in merchandise and customer paid on credit5Collected $10,000 cash for transaction #46Purchased a building for $100,000 and took out a loan for the money7Paid $1,200 for insuranceBala.
Conversion worksheetGreen shaded cells are from Chapter 5 financia.docxmaxinesmith73660
Conversion worksheetGreen shaded cells are from Chapter 5 financial StatementsEnter all amounts as positive numbers. The worksheet is formatted to add debits to assets & expenses and add credits to revenues, liabilities & equityRefr. Account TitlesDebitsCreditsGov'tal Fund Balances Adjustments & EliminationsGovern-mental Funds AdjustedInternal Service FundsBalances for Gov't-wide StmtsDebitsCreditsDebitsCreditsAtype debit accounts in this columnDEBITS:type credit accounts in this columnCash830,320830,320830,320Cash with Fiscal Agent928,000928,000928,000Investments259,000259,000259,000Taxes Receivable, net274,000274,000274,000Interest Receivable, net16,85016,85016,850Inventories--Due from State Govt.580,000580,000580,000Due from Other Funds--Capital Assets-- both rows--Expenditures (expenses) Current- General Govt.1,646,9001,646,9001,646,900 Public Safety3,026,9003,026,9003,026,900 Highway and Streets2,471,9002,471,9002,471,900 Sanitation591,400591,400591,400 Health724,100724,100724,100 Welfare374,300374,300374,300 Culture and Recreation917,300917,300917,300Compensated Absences Exp--Other Expenditures (expenses)-- - Debt Service Principal800,000800,000800,000 - Interest (expenditure/expense)514,000514,000514,000 both rows - Capital Outlay5,798,1005,798,1005,798,100 - Depreciation--Other Fin. Uses - Transfers Out1,876,7001,876,7001,876,700-Total Debits21,629,77021,629,770CREDITS:Accounts Payable493,400493,400493,400Due to Other Funds40,20040,20040,200Accrued Interest Payable--Bonds Payalbe both rows--Premium on Bonds--Compensated Absence Payable--Advance from Water Utility Fund--Deferred Inflows: Property Taxes27,50027,50027,500Accumulated Depreciation both rows--Revenues-Property Taxes6,657,5006,657,5006,657,500Sales Taxes2,942,0002,942,0002,942,000Interest21,22021,22021,220Licenses & Permits800,000800,000800,000Miscellaneous350,000350,000350,000State Grant for Highway Street Expenses1,072,0001,072,0001,072,000Capital Grant- Gen Gov't332,000332,000332,000Capital Grant- Public Safety1,320,0001,320,0001,320,000----Other Financing Sources--Proceeds of Bonds4,000,0004,000,0004,000,000Premium on Bonds200,000200,000200,000Transfers In1,876,7001,876,7001,876,700Net Position at beginning of year- three rows1,497,2501,497,2501,497,250Total Credits21,629,77021,629,770column totals: debits = credits ??------
CITY OF MONROE
WORKSHEET TO CONVERT GOVERNMENTAL ACTIVITIES TO ACCRUAL BASIS
Stmt of ActivitiesProgram RevenuesNet (Expense) Revenue and Change in Net PositionExpensesCharges for ServicesOperational Grants and ContributionsCapital Grants and ContributionsGovernmental ActivitiesBusiness-Type ActivitiesTotalFunctions/ProgramsGovernmental Activities: General Government$ -$ - Public Safety-- Highways and Streets-- Sanitation-- Health-- Welfare-- Culture and Recreation-- Depreciaiton-- Interest-- Compensated Absneces-- Total Governmental Activities------Business Type Activi.
Chapter 9 Exercise 31. Liquidity ratios. Edison, Stagg, and Thor.docxchristinemaritza
Chapter 9 Exercise 3
1. Liquidity ratios. Edison, Stagg, and Thornton have the following financial information at the close of business on July 10:
Edison
Stagg
Thornton
Cash
$4,000
$2,500
$1,000
Short-Term Investments
3,000
2,500
2,000
Accounts Receivable
2,000
2,500
3,000
Inventory
1,000
2,500
4,000
Prepaid Expenses
800
800
800
Accounts Payable
200
200
200
Notes Payable: Short-Term
3,100
3,100
3,100
Accrued Payables
300
300
300
Long-Term Liabilities
3,800
3,800
3,800
a. Compute the current and quick ratios for each of the three companies. (Round calculations to two decimal places.) Which firm is the most liquid? Why?
b. Suppose Thornton is using FIFO for inventory valuation and Edison is using LIFO. Comment on the comparability of information between these two companies.
c. If all short-term notes payable are due on July 11 at 8 a.m., comment on each company's ability to settle its obligation in a timely manner.
Chapter 9 Exercise 4
1. Computation and evaluation of activity ratios. The following data relate to Alaska Products Inc.:
20X5
20X4
Net Credit Sales
$832,000
$760,000
Cost of Goods Sold
440,000
350,000
Cash, Dec. 31
125,000
110,000
Accounts Receivable, Dec. 31
180,000
140,000
Inventory, Dec. 31
70,000
50,000
Accounts Payable, Dec. 31
115,000
108,000
2. The company is planning to borrow $300,000 via a 90-day bank loan to cover short-term operating needs.
a. Compute the accounts-receivable and inventory-turnover ratios for 20X5. Alaska rounds all calculations to two decimal places.
b. Study the ratios from part (a) and comment on the company's ability to repay a bank loan in 90 days.
c. Suppose that Alaska's major line of business involves the processing and distribution of fresh and frozen fish throughout the United States. Do you have any concerns about the company's inventory-turnover ratio? Briefly discuss.
Chapter 9 Problem 1
1. Horizontal and vertical analysis. The following financial statements pertain to Waterloo Corporation:
WATERLOO CORPORATION
Comparative Balance Sheets
December 31,20X5 and 20X4
20X5
20X4
Assets
Current Assets
Cash
$ 11,250
$ 12,500
Accounts Receivable (net)
18,500
25,000
Inventories
38,500
35,000
Prepaid Expense
__3,750
__3,750
Total Current Assets
$ 72,000
$ 76,250
Property, Plant, and Equipment
Buildings (net)
$ 102,750
$ 101,250
Equipment (net)
28,500
30,000
Vehicles (net)
32,000
40,000
Total Property, Plant, and Equipment
$ 163,250
$ 171,250
Trademarks (net)
__$ 14,750
__$ 2,500
Total assets
$ 250,000
$ 250,000
Liabilities and Stockholders' Equity
Current Liabilities
Accounts Payable
$ 49,000
$ 70,000
Notes Payable
13,500
40,000
Federal Taxes Payable
__2,500
__25,000
Total Current Liabilities
$ 65,000
$ 135,000
Long-Term Debt
__$ 50,000
__$ 25,000
Total Liabilities
$ 115,000
$ 160,000
Stockholders' Equity
Common Stock, $10 par
$ 25,000
$ 25,000
Retained Earnings
__110,000
__65,000
Total Stockholders' Equity
$ 135,000
$ 90,000
Total Liabilities a ...
For more course tutorials visit
www.newtonhelp.com
ACC 460 Week 1 Case 1-14 Research Case- Comparing Financial Reporting Objectives
ACC 460 Week 1 Ex 2-16 Matching Fund Types with Fund Categories
For more classes visit
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ACC 460 Week 1 Case 1-14 Research Case- Comparing Financial Reporting Objectives
ACC 460 Week 1 Ex 2-16 Matching Fund Types with Fund Categories
In the last five years, financial management has undergone vast changes. From simple sourcing to utilisation, additional areas which have gained importance are, risk management, maintenance & growth under risk engulfed environment, it is not simple market risk or environmental risk additional factors added now are pandemic risk, even factory layouts, safety& security of employees, added insurance costs provisions for bad debts etc have assumed significance. Analysis of costs , compilation &control has assumed tremendous significance . In view of this , these slides may have to be recasted , aitered ,modified & regrouped presented to facilitate quick & realistic managerial decision making which I proposed to do shortly.
Local Government Economic Development Tools Creating Jobs and Growing Our Ec...FloridaRedevelop
Learn about the various tools available to local governments for economic development and redevelopment financing. Specifically, this presentation focuses on productive public-private partnerships and innovative ways our community is attracting, retaining and supporting industry.
Any incorporated company at the end of the financial year is required to prepare financial statements showing the assets & liabilities, profit or loss for the period, a cash flow statement &get it audited. the audited statements along with the auditor's report & directors report with all schedules is to be submitted to the ROC, shareholders at the annual general meeting, banks, financial institutions, all stakeholders.etc
These statements form the basis of ANALYSIS, WHICH CAN BE (A) VERTICAL ANALYSIS ( B)HORIZONTAL ANALYSIS (C )COMPARITIVE STATEMENTS (D)COST ANALYSIS (E)CASH FLOW ANALYSIS AND SO ON 'The main feature of these analyses will be explained with illustrative examples
Crowdfunding – Provide your Investors with Confidence & an Exit Strategy
Alchemy OTC Markets Specialists, LLC Announces -- ALL-INCLUSIVE OTC Markets Direct Public Listing – optional -- $USD 1.0 Million Title III Reg CF Crowdfunding Campaign -- $USD65K
Bruce A. Cosgrove, M.Sc., Managing Director
Part I Assets and LiabilitiesReview the items below. Place an X.docxdunnramage
Part I: Assets and Liabilities
Review the items below. Place an "X" in the box that identifies whether the item is an
asset
or a
liability
.
Item
Asset
Liability
Cash
Inventory
Bonds payable
Land
Buildings
Payroll taxes due
Accounts payable
Equipment
Notes receivable
Additionally, explain what assets and liabilities are (both long-term and short-term) and their impact on the finance of a health care organization.
Part II: Revenue Statements
Managers will often have to provide presentations to those internal and external to their organization. It is important for managers to understand how to convert dollars to percentages because this provides another method for the audience to see how much of the pie is entering and exiting the organization.
Convert the dollar amounts for the revenue statement below to percentages. Upon completion of converting the dollar amounts to percentages, develop a pie chart for the revenue source and percentage.
ABC Outpatient Clinic
Statement of Revenue for January 20X0
Revenue Source
Dollar Amount ($)
Percentage (%)
Patient out-of-pocket payments
$364,029
Medicaid
$750,000
Medicare
$935,680
True Blue Insurance Co.
$125,000
Insurance of Florida
$95,000
Total
$2,269,709
Please submit your assignment.
.
What appropriate sources of information did you use in finding your .docxwendolynhalbert
What appropriate sources of information did you use in finding your student-contributed resource?
At this early stage in the process of investigating a topic, what advantages do you see in conducting research to discover various factors associated with the topic?
In what ways does the ability to conduct research strengthen your understanding of the city?
http://search.proquest.com.ezp.waldenulibrary.org/docview/741088853?accountid=14872
I have enclosed my student-contributed resource doc
2+3 paragraphs
.
Western Civilization before The Thirty Years WarInstructions .docxwendolynhalbert
Western Civilization before The Thirty Years War
Instructions:
Please choose one question from each section to answer for your exam. This will mean that you will answer a total of four questions, each worth 25 points.
Please know that your responses must be at least
10 sentences long
. While using short, quoted phrases is fine to help support your ideas, your answers must be written mostly in your own words. Any quoting you include must be properly cited.
Please choose
ONE
of the following questions to answer.
1.
Who were the Sea Peoples? What did they do and why are they important to ancient history?
2.
Who were the Stoics and Epicureans? What did each believe? Why would the Hellenistic rulers have supported the Stoics over the Epicureans?
3.
How did the Neo-Assyrian kings' treatment of their own people as well as those they conquered contribute to their eventual downfall?
4.
Public religious tradition in ancient Greece was observed in public sacrifices and festivals. How was personal, private religious devotion demonstrated? Provide at least two specific examples.
Please choose
ONE
of the following questions to answer.
1.
During the Second Punic War, and especially in light of Cannae, Hannibal could be called the general who won the battle but lost the war. Why is this so?
2.
What was Arianism and how did the Council of Nicaea in 325 attempts to resolve the issue? When was the issue actually resolved?
3.
Why were 11th century Muslim traders able to conduct business in such far-flung places as Baghdad, Cordoba and Cairo?
4.
What was the Concordat of Worms (1122)? What impact did it have on Church-State relations in the Holy Roman Empire?
Please choose
ONE
of the following questions to answer.
1.
What was scholasticism? What was Thomas Aquinas' role in the movement?
2.
What is the difference between the parliament of Paris and the French Estates-General? How did the Estates-General come into existence?
3.
What was the Jacquerie of 1358? Explain its causes and results.
4.
What were the four phases of the Hundred Years' War? What were the key events of the final phase?
Please choose
ONE
of the following questions to answer.
1.
Why was the idea of translating the Bible into the vernacular languages so controversial? What happened to people who tried to write / publish a vernacular Bible? Provide at least two examples of people who attempted this and explain whether they were successful.
2.
While the almost constant fighting during the Thirty Years' War devastated central Europe, the situation was made worse by the new armies put into the field by the various rulers. What changes in the military made matters worse for ordinary civilians?
3.
Explain how Nicolaus Copernicus, Johannes Kepler and Galileo Galilei each challenged the view of the universe that was based on Ptolemy's work.
4.
Sir Francis Bacon and René Descartes both helped to promote the prestige of the scientific metho.
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These statements form the basis of ANALYSIS, WHICH CAN BE (A) VERTICAL ANALYSIS ( B)HORIZONTAL ANALYSIS (C )COMPARITIVE STATEMENTS (D)COST ANALYSIS (E)CASH FLOW ANALYSIS AND SO ON 'The main feature of these analyses will be explained with illustrative examples
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Part I Assets and LiabilitiesReview the items below. Place an X.docxdunnramage
Part I: Assets and Liabilities
Review the items below. Place an "X" in the box that identifies whether the item is an
asset
or a
liability
.
Item
Asset
Liability
Cash
Inventory
Bonds payable
Land
Buildings
Payroll taxes due
Accounts payable
Equipment
Notes receivable
Additionally, explain what assets and liabilities are (both long-term and short-term) and their impact on the finance of a health care organization.
Part II: Revenue Statements
Managers will often have to provide presentations to those internal and external to their organization. It is important for managers to understand how to convert dollars to percentages because this provides another method for the audience to see how much of the pie is entering and exiting the organization.
Convert the dollar amounts for the revenue statement below to percentages. Upon completion of converting the dollar amounts to percentages, develop a pie chart for the revenue source and percentage.
ABC Outpatient Clinic
Statement of Revenue for January 20X0
Revenue Source
Dollar Amount ($)
Percentage (%)
Patient out-of-pocket payments
$364,029
Medicaid
$750,000
Medicare
$935,680
True Blue Insurance Co.
$125,000
Insurance of Florida
$95,000
Total
$2,269,709
Please submit your assignment.
.
What appropriate sources of information did you use in finding your .docxwendolynhalbert
What appropriate sources of information did you use in finding your student-contributed resource?
At this early stage in the process of investigating a topic, what advantages do you see in conducting research to discover various factors associated with the topic?
In what ways does the ability to conduct research strengthen your understanding of the city?
http://search.proquest.com.ezp.waldenulibrary.org/docview/741088853?accountid=14872
I have enclosed my student-contributed resource doc
2+3 paragraphs
.
Western Civilization before The Thirty Years WarInstructions .docxwendolynhalbert
Western Civilization before The Thirty Years War
Instructions:
Please choose one question from each section to answer for your exam. This will mean that you will answer a total of four questions, each worth 25 points.
Please know that your responses must be at least
10 sentences long
. While using short, quoted phrases is fine to help support your ideas, your answers must be written mostly in your own words. Any quoting you include must be properly cited.
Please choose
ONE
of the following questions to answer.
1.
Who were the Sea Peoples? What did they do and why are they important to ancient history?
2.
Who were the Stoics and Epicureans? What did each believe? Why would the Hellenistic rulers have supported the Stoics over the Epicureans?
3.
How did the Neo-Assyrian kings' treatment of their own people as well as those they conquered contribute to their eventual downfall?
4.
Public religious tradition in ancient Greece was observed in public sacrifices and festivals. How was personal, private religious devotion demonstrated? Provide at least two specific examples.
Please choose
ONE
of the following questions to answer.
1.
During the Second Punic War, and especially in light of Cannae, Hannibal could be called the general who won the battle but lost the war. Why is this so?
2.
What was Arianism and how did the Council of Nicaea in 325 attempts to resolve the issue? When was the issue actually resolved?
3.
Why were 11th century Muslim traders able to conduct business in such far-flung places as Baghdad, Cordoba and Cairo?
4.
What was the Concordat of Worms (1122)? What impact did it have on Church-State relations in the Holy Roman Empire?
Please choose
ONE
of the following questions to answer.
1.
What was scholasticism? What was Thomas Aquinas' role in the movement?
2.
What is the difference between the parliament of Paris and the French Estates-General? How did the Estates-General come into existence?
3.
What was the Jacquerie of 1358? Explain its causes and results.
4.
What were the four phases of the Hundred Years' War? What were the key events of the final phase?
Please choose
ONE
of the following questions to answer.
1.
Why was the idea of translating the Bible into the vernacular languages so controversial? What happened to people who tried to write / publish a vernacular Bible? Provide at least two examples of people who attempted this and explain whether they were successful.
2.
While the almost constant fighting during the Thirty Years' War devastated central Europe, the situation was made worse by the new armies put into the field by the various rulers. What changes in the military made matters worse for ordinary civilians?
3.
Explain how Nicolaus Copernicus, Johannes Kepler and Galileo Galilei each challenged the view of the universe that was based on Ptolemy's work.
4.
Sir Francis Bacon and René Descartes both helped to promote the prestige of the scientific metho.
Western Civilization – Week 7 Discussion ForumPlease choose just o.docxwendolynhalbert
Western Civilization – Week 7 Discussion Forum
Please choose just one of the following questions to answer for the Forum Assignment this week. After you post your own answer, you will need to respond to at least three of your fellow classmates' initial posts.
• Initial Post must be at least 250 words long
• Peer Responses must be at least 125 words long.
1. A medieval German proverb states: "the city air will set you free." What was "the city air" like in many medieval towns? Using what you learned from the readings, do you agree with the proverb? Why or why not?
2. During the St. Bartholomew's Day Massacre in 1572, more than 13,000 French Protestants (Huguenots) were killed because of their religious beliefs. Based on the information in our textbook and any other research you might do, who do you think was most responsible for the religious tensions getting out of control and erupting into widespread bloodshed? Why?
3. People rarely make decisions based on one single factor. In the quest to discover new lands, establish trade routes and colonize, what do you think motivated the explorers the most? Be sure to discuss at least one specific explorer in your post.
Student Response #1 – Shannon
During the St. Bartholomew's Day Massacre in 1572, more than 13,000 French Protestants (Huguenots) were killed because of their religious beliefs. Based on the information in our textbook and any other research you might do, who do you think was most responsible for the religious tensions getting out of control and erupting into widespread bloodshed? Why?
Based on the information in our text books, I believe that both the Catholics and the Calvinists brought the religious tensions on themselves. With the birth of new religions on the rise there then became a power struggle among the religions. The Protestant Reformation that began set the way for religious extremism. " The agreement helped maintain a relative calm in the lands of the Holy Roman Empire by granting each ruler the right to determine the religion of his territory" (Hunt, p483) This opened the doors for many religious disputes to follow as the years went on. Each war started as a religious dispute but went on to reveal other motives, like political gains, power and greed. As time went on and religion began to spread and more and more people began to covert, there became major power struggles. When the bloodshed began with the Protestants and the Catholics not too much was solved after that, during the bloodshed, Catholic mobs killed over 3000 Huguenots in Paris. These wars about religion have simply paved the way through the years for more conflict regarding religion. I can t just blame one party and pick it to be responsible , i think all parties played a role in the tension caused by religion, each person wanted to believe in what they believed in and didn’t feel like it should have to be mandated.
Student Response #2 – Raul
People rarely make decisions based on one sing.
Wendy was addicted to her morning cup of coffee. She had one cup be.docxwendolynhalbert
Wendy was addicted to her morning cup of coffee. She had one cup before leaving the house and usually picked up another cup from the coffee shop on her way to the office. This morning, the line at the coffee shop was too long; therefore, Wendy decided to get a cup of coffee from the vending machine at work. The coffee was so hot that Wendy dropped it all over herself and was badly burned. Wendy filed suit against the vending company, the manufacturer of the vending machine, the owner of the building and the distributor of the coffee. What rights does Wendy have? Explain Wendy’s case against each party and possible defenses by each defendant.
.
WEEK 8 – EXERCISESEnter your answers in the spaces pro.docxwendolynhalbert
WEEK 8 – EXERCISES
Enter your answers in the spaces provided. Save the file using your last name as the beginning of the file name (e.g., ruf_week8_exercises) and submit via “Assignments.” When appropriate,
show your work
. You can do the work by hand, scan/take a digital picture, and attach that file with your work.
1.
A researcher plans a study in which a crucial step is offering participants a food reward. It is important that the three food rewards be equal in appeal. Thus, a prestudy was designed in which participants were asked which of the rewards they preferred. Of the 60 participants, 16 preferred cupcakes, 26 preferred candy bars, and 18 favored dried apricots. Do these scores suggest that the different foods are differentially preferred by people in general? (Use the .05 significance level.)
a.Use the five steps of hypothesis testing.
b.Sketch the distribution involved.
c.Explain your findings.
2.
A high school principal wanted to know if the racial makeup of her teachers mirrored that of the student body. The student body broke down into 47% White, 28% Latino, 15% African American, and 10% other. Of the 65 teachers, 42 were White, 4 were Latino, 15 were African American, and 4 were Other. Do these results suggest that the racial makeup of the faculty members is different from that of the students? (Use the .05 significance level.)
Use the five steps of hypothesis testing and explain your findings.
3.
Please make up and discuss research examples corresponding to the various techniques introduced throughout this course. Describe a plausible study for each of the following statistical procedures, indicating how it would apply and what results you would predict. Also include information about the number of participants you would assess and how you would go about estimating effect size and statistical power (when relevant).
a.correlation
b.multiple regression
c.
t
test for independent means
d.
t
test for dependent means
e.ANOVA
f.chi square for goodness of fit
g.chi-square test for independence
SPSS ASSIGNMENT #8
Chi-Square
SPSS instructions:
Chi-Square Test for Goodness of Fit:
Open SPSS
Remember that SPSS assumes that all the scores in a row are from the same participant. In the study presented in #1, there are 20 students, some of whom have been suspended for misbehavior. The primary conflict-resolution style used by each student is also entered. [Ignore the first variable in this analysis.]
When you have entered the data for all 20 students, move to the Variable View window and change the first variable name to “SUSPEND” and the second to “STYLE”. Set the number of decimals for both variables to zero.
Click Analyze
à
Non-Parametric Tests
à
Chi-Square
Click the variable “STYLE” and then the arrow next to the box labeled “Test Variable List” to indicate that the chi-square for goodness of fit should be conducted on the conflict-resolution style variable.
N.
Week 8The Trouble with Aid Please respond to the following.docxwendolynhalbert
Week 8
"The Trouble with Aid"
Please respond to the following:
Based on the lecture and Webtext materials, address the following:
Identify the most significant problems with the way foreign aid is presently dispensed by international lending institutions. Then, discuss at least three (3) recommendations that you would make to remedy this situation so that food, medical, and financial assistance actually reaches the poor.
Week 9
"Rocky Road"
Please respond to the following:
Based on the lecture and Webtext materials, address the following:
Some of the most serious abuses taking place in developing countries deal with child labor, human slavery, sweatshops, bad governance, and environmental degradation. Select one (1) developing country, and examine the extent to which two (2) of these five (5) issues are occurring. Support your response with specific examples.
Week 10
"Act Local"
Please respond to the following:
Based on the lecture and Webtext materials, address the following:
Select one (1) developing country, and discuss the fundamental actions that the leadership of the selected country is — or is not — taking to improve the living standards of its people. Next, using this same country, cite one (1) specific example of progress or regress that its government is making in terms of the economy, the political system, and the environment.
.
Week 8 Assignment 2 SubmissionInstructionsIf you are usi.docxwendolynhalbert
Week 8 Assignment 2 Submission
Instructions
If you are using the Blackboard Mobile Learn IOS App, please click "View in Browser."
Students
, please view the "Submit a Clickable Rubric Assignment" in the Student Center.
Instructors
, training on how to grade is within the Instructor Center.
Click the link above to submit your assignment.
Assignment 2: Religious Health Care
Due Week 8 and worth 200 points
Religious Health Care operates in a community of 225,000, called Middleville. Summary statistics on Religious and its competitors, from the AHA Guide, are shown in Table 1. All of the organizations in the area are not-for-profit. Although Samaritan Hospital and Protestant Hospital have religious origins, they now view themselves as secular, not-for-profit organizations.
Table 1: Middleville Health Care Systems
Name
Beds
Admissions
Census
OP Visits
Births
Expenses (000)
Personnel
Religious
575
13,000
350
221,000
2300
$125,000
2000
Samaritan
380
17,000
260
175,000
1200
$130,000
1875
Protestant
350
10,000
180
40,000
900
$80,000
1200
The governing board of Religious hired a consulting company to evaluate its strategic performance. As part of the consultant’s evaluation, several leaders of Religious’ units were asked their perspective of the organization’s performance.
You are working for the consultant. Your job is to identify the issues from the response that should be considered further by the consultant team and possibly discussed with the governing board and the CEO. The firm has a rule, “Never offer a criticism or negative finding without suggesting how the client organization can correct it,” so you must indicate what sort of correction would be recommended as part of your list. Because you know there were about two dozen other interviews, you decide you should rank your issues in importance, to make sure the most critical are discussed.
Write a six to eight (6-8) page paper in which you:
Describe the five (5) important elements of the governing board’ s agenda for areas of improvement in core functions.
Many organizations now use a balanced scorecard or multiple dimensions of performance measurement, such as productivity, profit, market trends, quality, patient satisfaction, and worker satisfaction. Describe three (3) key performance dimensions (other than those mentioned here) and include specific measures that Religious Health Care could use to improve overall institutional performance.
Determine the performance measures Religious Health Care could use to evaluate nursing staff performance in its Emergency Room. Explain the rationale for each performance measure.
Suggest the steps that should be taken next by Religious Health Care to get better at managing specific patient groups. Explain the rationale for each step.
Decide what strategies Religious Health Care could implement to enhance its public image and increase market share. Explain the rationale for each strategy.
Describe two (2) technology-based data-collection strategie.
Week1Writing SituationsOct 21 - Oct 27 15 pointsTasks.docxwendolynhalbert
Week1
Writing Situations
Oct 21 - Oct 27
/ 15 points
Tasks
Learning Team Instructions
Objectives/Competencies
1.1
Apply appropriate rhetorical strategies to a persuasive essay.
1.2
Utilize different types of writing styles as appropriate for mood and point of view.
Learning Activities
Required
Reading
Week One Overview
Reading
The Student Writer: Editor and Critic, Ch. 2
Reading
The Student Writer: Editor and Critic, Ch. 7
Reading
The Student Writer: Editor and Critic, Ch. 8
Reading
The Student Writer: Editor and Critic, Ch. 15
ERR
Week One Electronic Reserve Readings
Discussion
Learning Team Charter
Reading
Final Research Paper and Presentation
Assignments
ASSIGNMENT STATUS
FRIENDLY NAME
TITLE
DUE DATE
POINTS
UNREAD COMMENTS
Participation
Participation
Due Oct 27, 11:59 PM
/2
Paper
Persuasive Essay
Due Oct 27, 11:59 PM
/10
Practice/Simulation/Homework/Game
Grammar Guide Exercise #1
Due Oct 27, 11:59 PM
/3
.
Week 8 -- Provide an example of some form of misrepresentation in me.docxwendolynhalbert
Week 8 -- Provide an example of some form of misrepresentation in media over the years (includes: staging news, re-creations, selective editing and fictional methods). Give some background for context and answer; why, in your opinion is this an example of misrepresentation and why is it egregious? Provide the link to the example.
Additionally for the Week 8 discussion, consider media bias. Both conservative and liberal sides claim that there is media bias (to the other side of their beliefs) yet, it is evident that there is bias on both sides. It is no secret that the traditional views of the following 3 media outlets are as follows: Fox News--Conservative/Right, MSNBC--Liberal/Left, CNN--Moderate. A) Track a relatively current news story and report to the class the way the 3 media outlets presented the story. Were there surprises to you in your findings? B) Also pick one additional media outlet of your choice (perhaps NPR, AL JAZEERA , or BBC) and look at their perspective of the same story. Please comment on at least 3 of your classmates' postings with questions or thoughtful, respectful, thorough responses.
.
WEEK 7 – EXERCISES Enter your answers in the spaces pr.docxwendolynhalbert
WEEK 7 – EXERCISES
Enter your answers in the spaces provided. Save the file using your last name as the beginning of the file name (e.g., ruf_week6_exercises) and submit via “Assignments.” When appropriate,
show your work
. You can do the work by hand, scan/take a digital picture, and attach that file with your work.
A sports researcher gave a standard written test of eating habits to 12 randomly selected professionals, four each from baseball, football, and basketball. The results were as follows:
Eating Habits Scores
Baseball Players
Football Players
Basketball Players
34
27
35
18
28
44
21
67
47
65
42
61
Is there a difference in eating habits among professionals in the three sports? (Use the .05 significance level.)
a.
Use the five steps of hypothesis testing.
b.
Sketch the distribution involved.
c.
Determine effect size.
2.
To study the effectiveness of treatments for insomnia, a sleep researcher conducted a study with 12 participants.
Four participants were instructed to count sheep (Sheep Condition), four were told to concentrate on their breathing (Breathing Condition), and four were not given any special instructions. Over the next few days, measures were taken of how many minutes it took each participant to fall asleep. The average times for the participants in the Sheep Condition were 14, 28, 27, and 31; for those in the Breathing Condition, 25, 22, 17, and 14; and for those in the control condition, 45, 33, 30, and 41.
Do these results suggest that the different techniques have different effects?
(Use the .05 significance level.)
a.
Use the five steps of hypothesis testing.
b.
Sketch the distribution involved.
c.
Figure the effect size of the study.
d.
Explain your findings (including the logic of comparing within-group to between-group population variance estimates, how each of these is figured, and the
F
distribution).
High school juniors planning to attend college were randomly assigned to view one of four videos about a particular college, each differing according to what aspect of college life was emphasized: athletics, social life, scholarship, or artistic/cultural opportunities. After viewing the videos, the students took a test measuring their desire to attend this college. The results were as follows:
Desire to Attend this College
Athletics
Social Life
Scholarship
Art/Cultural
68
89
74
76
56
78
82
71
69
81
79
69
70
77
80
65
Do these results suggest that the type of activity emphasized in a college film affects desire to attend that college? (Use the .01 significance level.)
a.
Use the five steps of hypothesis testing.
b.
Sketch the distribution involved.
c.
Figure the effect size of the study.
d.
Explain the logic of what you have done to a person who is unfamiliar with the analysis of variance.
A team of psychologists designed a study in which 12 psychiatric patients diagnosed as having generalized anxiety disorder were randomly assigned to one of three new types of th.
weeks Discussion link in the left navigation.Description and .docxwendolynhalbert
week's
Discussion
link in the left navigation.
Description and Analysis of the Hawthorne Study
Describe how the components of the Hawthorne study are incorporated in current human resource functions? What was the main idea behind this study? How have you been impacted by the components of this study in your current or past work setting? Respond to at least two of your peers posts.
Dominant Cultures and Subcultures
Contrast the dynamics between dominant cultures and subcultures either in a work setting or in society. Explain why it is important to understand the impact of culture. Give an example where you demonstrated your awareness and or openness to understanding a cultural difference. Explain how these differences underscore the need for understanding diversity. From the information given, develop guidelines for embracing diversity. Respond to at least two of your peers for this posting and offer some additional ideas of your own.
.
Week1. Basics of Critical Thinking. 7 daysWeek1Basics of Critica.docxwendolynhalbert
Week1. Basics of Critical Thinking. 7 days
Week1
Basics of Critical Thinking
7 days
/ 7 points
Week2. Problem Identification and Formulation. 7 days
Week2
Problem Identification and Formulation
7 days
/ 13 points
Tasks
Complete the Learning Team Charter.
Objectives/Competencies
2.1
Identify the processes involved in identifying, formulating, and solving business problems.
2.2
Apply concepts of critical thinking to identifying and formulating problems.
2.3
Identify common rhetorical devices and fallacies.
Learning Activities
Required
Reading
Management, Ch. 3
Reading
Critical Thinking, Ch. 5
Reading
Critical Thinking, Ch. 6
Reading
Critical Thinking, Ch. 7
Reading
Management, “The Functions of Management" section in Ch. 1
Reading
“Managerial Skills: What has Changed Since the Late 1980s”
ERR
Week Two Electronic Reserve Readings
Reading
Logical Fallacies
Reading
Knowledge Check Personalized Study Guide
Quiz
Critical Thinking Ch. 5 Multiple Choice Quiz
Quiz
Critical Thinking Ch. 6 Multiple Choice Quiz
Quiz
Critical Thinking Ch. 7 Multiple Choice Quiz
Presentation
Management Ch. 1 & 3 Microsoft® PowerPoint® Presentations
Presentation
Critical Thinking Ch. 5, 6, & 7 Microsoft® PowerPoint® Presentations
Video
Problem Solving Skills Video
Video
Creativity with Bill Moyers: Maya Angelou Video
Assignments
Assignments will be provided by your faculty and displayed here when class starts.
FRIENDLY NAME
TITLE
DUE DATE
POINTS
Week3. Creativity. 7 days
Week3
Creativity
7 days
/ 16 points
Tasks
Learning Team Pair-Up
Objectives/Competencies
3.1
Describe various methods for enhancing creativity and innovation in a business setting.
3.2
Identify opportunities in which to apply critical thinking to innovation.
3.3
Identify methods for formulating original and creative responses to opportunities and problems.
3.4
Identify potential barriers to applying creative thinking to business decision making.
Learning Activities
Required
Reading
Innovation Acceleration, Ch. 3
Reading
Management, Ch. 4
Reading
Example SWOT Analysis
Reading
Knowledge Check Personalized Study Guide
Presentation
Innovation Acceleration, Ch. 3 Microsoft® PowerPoint® Presentation
Presentation
Management, Ch. 4 Microsoft® PowerPoint® Presentation
Video
Management, Ch. 4 Video and Discussion
Video
Business Model Innovation Beats Technical Innovation Video
Video
Achieving Smart Goals video
Video
Creative Thinking Under Siege Video
Video
Innovation Video
Video
TEDTalk Video
Audio
Strategies for a SWOT Analysis Podcast
Discussion
Week 2 Paper Peer Review
ERR
Week Three Electronic Reserve Readings
Assignments
Assignments will be provided by your faculty and displayed here when class starts.
FRIENDLY NAME
TITLE
DUE DATE
POINTS
Week4. Decision Making. 7 days
Week4
Decision Making
7 days
/ 27 points
Objectives/Competencies
4.1
Evaluate the credibility of claims and their sources for making decisions.
4.2
Apply a decision-making technique to a business situation..
Week-2Here I attached two file. First one is poem file. In thi.docxwendolynhalbert
Week-2
Here I attached two file. First one is
poem file
. In this file you can choose any poem whatever you like..
Second one is
format file
….in this file you can see how to make proper format and how to write it.
Even I explain Format here.
How to make it
Format:
1)
Choose any one poem from attachment and put the title.
Than
2)
Make a poem in your own words means (imitate).
Give the title my poem I imitated
and poem title. This poem must be in your own word it should not copy with others.
Give title
______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
3)
Give all five question answer in brief in your words regarding poems.
Poetry Writing Analysis
In a well-crafted essay of three to four pages (excluding the pages on which your own poem and the poem you are working with are placed), refer to our lecture and consider the following questions.
1.
Does your poem extend or argue with the tradition of the poem you selected to imitate?
2.
What relationship to historical context does your primary poem bear?
3.
What relationship to historical context does your own poem bear?
4.
What is the role your reader plays as a participant in creating the poem’s meaning?
5.
Look at William Wordsworth’s
Preface to the Second Edition of Lyrical Ballads
, particularly his concept of “the overflow of powerful emotion...recollected in tranquility” compared to T. S. Eliot’s
Tradition and the Individual Talent
, in which he rejects emotion: “It is neither emotion, nor recollection, nor, without distortion of meaning, tranquility” from which poetry is crafted.
(These essays are online and easily found.)
This assignment asks you to understand the lecture material fully. You may wish to read Wordsworth’s essay,
Preface to the Second Edition of Lyrical Ballads
and T. S. Eliot’s
Tradition and the Individual Talent
on your own. Both essays are available online. It is recommended that you not conduct research outside of your text and the essays mentioned above, and that all sources used must be scrupulously cited in APA format.
.
Week 7 Exercise Prosocial BehaviorMuch of what we tend to focus.docxwendolynhalbert
Week 7 Exercise: Prosocial Behavior
Much of what we tend to focus on when we study social psychology are topics that often have a negative connotation such as conformity, prejudice, aggression or obedience. A huge component of the study of social psychology; however, focuses on prosocial behavior – behaviors that focus on compassion and helping others. For this activity, you will focus on this more uplifting aspect of social psychology. Topics that fall under the area of prosocial behavior include altruism, helping, bystander intervention, empathy, and compassion, among others.
For this exercise, pick one day and seek to structure your thoughts and behaviors entirely around helping others. With each interaction or action you take, pause to think and ask yourself "is there a way I might help another here?" Hold a door for someone, offer your seat, share a smile, give a sincere compliment, show empathy to another, attempt to be more patient or understanding, etc. Your efforts should be in social settings that involve interactions with others (rather than something such as donating to a charity for instance). The goal is to be as thoughtfully prosocial in your interactions throughout the day as possible.
At the beginning of the day, jot down your general mood, feelings, attitude, etc.
Then throughout the day, whenever possible, carry a small notebook with you or make notes in an app on your phone to jot down meaningful encounters or experiences as you attempt to engage in prosocial behaviors.
At the end of the day, again reflect and take notes on how you feel, your general mood, feelings and attitudes, etc.
PLEASE NOTE: If you are unable to engage in prosocial behavior outside of your home due to COVID-19 restrictions/precautions, you are encouraged to engage in such behaviors with your family/people with whom you are sheltering.
You may also engage in prosocial behavior with others virtually or through other means (e.g., through video calls, emails, etc...). This assignment will be more meaningful if you are able to engage in-person with acquaintances or strangers, but you can still find ways to make a significant difference to others even if quarantined or sheltering in place.
In a 5-7 slide PowerPoint presentation, not counting title or reference slides:
Summarize your experience. Describe the prosocial behaviors you engaged in, others' reactions to these behaviors, and your assessment of any changes in mood, attitude, good fortune, or anything else of note you experienced.
Review what you have learned about human behavior in social settings this week in your readings. Connect what you learned or experienced through your day of conscious, prosocial behavior with the terms, concepts, and theories from your research. Integrate at least two academic sources (your assigned readings/resources can comprise one of these sources), citing any references used in APA format.
Describe any new insights you gained through this exper.
Week4 Project Human Resources and Procurement Management.docxwendolynhalbert
Week4
Project Human Resources and Procurement Management
1
.
Supporting Activity: High Performing Teams
Write
a 200- to 300-word short-answer response to the following: three assignments,
• Since the success of a project rests largely on the performance of the team, what are some techniques a project manager can employ to foster a group of individuals in becoming a cohesive and high-performing team?
2
.
Supporting Activity: Outsourcing
•Under what circumstances is it ethically or not in the best interest of project morals to consider outsourcing parts of a project? Provide examples illustrating both and discuss why.
3.
Conceptualizing and Initializing the IT Project
•
Describe the five phases of the IT project methodology.
Write a 100- to 200-word short-answer response to the following:
five assignments
4
.
Conceptualizing and Initializing the IT Project
Why is it important to have deliverables for each phase of the IT project methodology?
5.
Conceptualizing and Initializing the IT Project
How can the experiences of and lessons learned by past project team members be incorporated into a project methodology?
6.
Conceptualizing and Initializing the IT Project
What are the advantages of developing a detailed project plan after a project has been approved for funding?
7.
Conceptualizing and Initializing the IT Project
Describe the conceptualize and initialize phase of the IT project methodology.
8
.
Conceptualizing and Initializing the IT Project
How can the experiences of and lessons learned by past project team members be incorporated into a project methodology?
Individual: Project Controls
The company offsite 2-day training session project is about ready to enter the execution phase. However, management has a history of being surprised with projects that finished over-budget, did not adhere to the timeline, evinced waste of resources, or did not meet expectations.
Address
your strategy for the following in a 2- to 3-page
memo
to gain their confidence in your project management abilities:
•Analyze and report unplanned changes
•Evaluate project quality
•Procedures you plan to implement for handling change control issues
•How you plan to communicate whether the project is meeting any stated performance and quality
objectives
.
Week4 Discussion
Wireless Communications
Supporting Activity: Introduction to the OSI Protocol Model Format
Write
a 200- to 300-word response to the following:
•After reviewing the concepts, pictorially model the TCP/IP protocol against the 7-layer OSI model. In your depiction, include the common protocol sections that fit in the various levels.
Supporting Activity: Introduction to Wireless
Write
a 200- to 300-word response to the following question:
•Differentiating among the protocols used in wireless (Media Access Control layer, FDMA, TDMA, and CDMA), what are the problems with existing protocols with satellite communications?
Supporting Activity: Network Operating Systems
Write
a 200- to 300-word response to the following questions:
•
What are the predominant network operating systems in use today? What are the differences between LAN and WAN operating systems?
.
Week3 Project Cost and Quality ManagementSupporting .docxwendolynhalbert
Week3
Project Cost and Quality Management
Supporting Activity: Cost and Time
Write
a 200- to 300-word short-answer response to the following:
•While cost and time are critical components of projects, how would you define the quality of a project? Provide some examples of project reporting metrics a project manager could use to measure and communicate the status of quality during a project.
Supporting Activity: Dependency Types
•Provide real-world examples of activities where each dependency type is used: finish-to-start, start-to-start, finish-to-finish, and start-to-finish.
Supporting Activity: Metrics
•Which metric does a project manager have most control over: cost variance, schedule variance, cost performance index, and schedule performance index? Explain how so. Which one does a project manager have least control over?
Write
a 100- to 200-word short-answer response to the following:
The Nature of Information Technology Projects
What is a methodology? What are the advantages of following a methodology when developing an information system? Information Technology Project Management
The Nature of Information Technology Projects
What is project management?
Conceptualizing and Initializing the IT Project
Describe the project life cycle (PLC) and the systems development life cycle (SDLC), and their relationship?
7
.
Conceptualizing and Initializing the IT Project
What is fast tracking? When should fast tracking be used? When is fast tracking not appropriate?
Conceptualizing and Initializing the IT Project
Why is it important to have deliverables for each phase of the IT project methodology?
Individual:
Project Budget
The project for the company offsite 2-day training session has been given a preliminary go-ahead. However a budget needs to be submitted for approval.
Write
a 2- to 3-page memo explaining the financial implications of your project that does the following.
• Adds costs estimates to your resources (both labor and material) – Refer to websites like the United States Department of Labor for estimates.
• Adds estimates for all task duration and sequencing of tasks (including precedence relations)
•Summarizes any relevant facts about the project duration, number or type of resources, critical task sequencing, and how duration estimates were arrived at
•Highlights if there are any milestones for your project
Include
a Microsoft® Project Gantt chart, as an attachment, showing the WBS of tasks (with dependencies) and task sequences, along with any budget or cost reports to support your memo.
Learning Team: Project Schedule
We are doing our project
Riordan Manufacturing
Choose a project involving an IT requirement with multiple tasks and human resources. This project must come from a business situation—for example, hardware procurement and installation, network acquisition, implementation, or expansion—in which each Learning Team member contributes backg.
Week Two IndividualReliability and ValidityWrite a 1,0.docxwendolynhalbert
Week Two Individual
Reliability and Validity
Write
a 1,050-word paper describing observation and measurement as they relate to human services research.
Refer
to Ch. 4 and 5 of
Beginning Behavioral Research
.
Address
each of the following points in your paper:
Define and describe the types of reliability. Provide examples of these types of reliability as they apply to human services research or to human services management research.
Define and describe the types of validity. Provide examples of these types of validity as they apply to human services research or to human services management research.
Provide examples of a data collection method and data collection instrument used in human services research. Why is it important to ensure that these data collection methods and instruments are both reliable and valid?
Provide examples of a different data collection method and a data collection instrument used in managerial research. Why is it important to ensure that these data collection methods and instruments are both reliable and valid?
Format
your paper consistent with APA guidelines and include at least two references.(and in text citations)
.
Week 7 DiscussionDiversity in the work environment promotes ac.docxwendolynhalbert
Week 7 Discussion
Diversity in the work environment promotes acceptance, respect, and teamwork despite differences in race, age, gender, language, political beliefs, religion, sexual orientation, communication styles, and other differences. Discuss the following:
What is your selected company’s stance on diversity?
If you were starting a business that required you to hire new personnel, would diversity be a priority? How important would it be to you on a list of other considerations? Explain.
Be sure to respond to at least one of your classmates' posts.
.
Week Lecture - Evaluating the Quality of Financial ReportsThe coll.docxwendolynhalbert
Week Lecture - Evaluating the Quality of Financial Reports
The collapse of Enron in the early 2000s, which was a result of massive financial manipulation, gave rise to a new era of financial reporting supervision with the establishment of the Sarbanes-Oxley Act in 2002. The Act required all executives to give certified and accurate financial information. Various mechanisms were put in place to reduce financial accounting irregularities (Cunningham, 2005). Managers are therefore required to have a clear understanding of the regulations put in place and the bodies which enforce them in order to conform with them accordingly.
Issuance of financial reports and sale of securities to the public is monitored by such organizations as:
The Financial Accounting Standards Board (FASB)
The Securities and Exchange Commission (SEC), and
The Financial Industry Regulatory Authority (FIRA)
The Financial Accounting Standards Board (FASB) has developed the financial accounting standards to be used in the U.S. since 1973. Its function is to oversee the preparation of financial reports by non-governmental entities. FASB ensures that financial statements contain information relevant for sound decision making. The Securities and Exchange Commission (SEC) has been charged with the statutory authority of establishing reporting standards for U.S. public companies. Although it does not develop the Generally Accepted Accounting Principles (GAAP), it has power to monitor financial reporting. The SEC seeks its authority from three security laws: The Securities Act of 1933 (SEC, 2012b), The Securities Exchange Act of 1934 (SEC, 2012c), The Investment Company Act of 1940 (SEC, 2012a), The Sarbanes-Oxley Act of 2002 (SEC, 2005), and The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (SEC, 2014).
The Financial Industry Regulatory Authority (FIRA) regulates securities firms conducting business with the public in the U.S. The International Accounting Standards Board (IASB) develops and Publishes International Financial Reporting Standards through the help of its 15-full time members from different countries working with stakeholders all over the world.
The usefulness of financial reports to readers depends on report quality. The conceptual framework for financial reporting categorizes qualitative characteristics of financial reports into two broad categories: fundamental qualitative characteristics, which include relevance and faithful representation, and enhancing qualitative characteristics, which make financial reports more useful and include comparability, timeliness, verifiability, and understandability. Presentation of financial reporting is limited by materiality and cost constraints. There exist differences in U.S. reporting requirements and the international requirements, although efforts have been undertaken to congregate the U.S. GAAP rules with the international financial reporting rules (Oxford Analytica, 2009). Differences in U.S. reporting req.
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar Kanvaria
The simplified electron and muon model, Oscillating Spacetime: The Foundation...RitikBhardwaj56
Discover the Simplified Electron and Muon Model: A New Wave-Based Approach to Understanding Particles delves into a groundbreaking theory that presents electrons and muons as rotating soliton waves within oscillating spacetime. Geared towards students, researchers, and science buffs, this book breaks down complex ideas into simple explanations. It covers topics such as electron waves, temporal dynamics, and the implications of this model on particle physics. With clear illustrations and easy-to-follow explanations, readers will gain a new outlook on the universe's fundamental nature.
বাংলাদেশের অর্থনৈতিক সমীক্ষা ২০২৪ [Bangladesh Economic Review 2024 Bangla.pdf] কম্পিউটার , ট্যাব ও স্মার্ট ফোন ভার্সন সহ সম্পূর্ণ বাংলা ই-বুক বা pdf বই " সুচিপত্র ...বুকমার্ক মেনু 🔖 ও হাইপার লিংক মেনু 📝👆 যুক্ত ..
আমাদের সবার জন্য খুব খুব গুরুত্বপূর্ণ একটি বই ..বিসিএস, ব্যাংক, ইউনিভার্সিটি ভর্তি ও যে কোন প্রতিযোগিতা মূলক পরীক্ষার জন্য এর খুব ইম্পরট্যান্ট একটি বিষয় ...তাছাড়া বাংলাদেশের সাম্প্রতিক যে কোন ডাটা বা তথ্য এই বইতে পাবেন ...
তাই একজন নাগরিক হিসাবে এই তথ্য গুলো আপনার জানা প্রয়োজন ...।
বিসিএস ও ব্যাংক এর লিখিত পরীক্ষা ...+এছাড়া মাধ্যমিক ও উচ্চমাধ্যমিকের স্টুডেন্টদের জন্য অনেক কাজে আসবে ...
it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
How to Build a Module in Odoo 17 Using the Scaffold MethodCeline George
Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Capital Projects FundCITY JAIL CAPITAL PROJECTS FUNDCONTRACTS PAYA.docx
1. Capital Projects FundCITY JAIL CAPITAL PROJECTS
FUNDCONTRACTS PAYABLEreference Account
TitlesDebitsCredits CASHACCOUNTS
PAYABLERETAINED
PERCENTAGE14,200,000200,0001111,282,5001,282,50081267
,50067,50085-C-
11Cash4,200,00091,340,000121,0003123,217,5003,150,00012Ot
her financing- proceeds from
bond4,000,00050,000515474,500459,30013Other financing
sources- premium
bond200,000150,0006200,000141,282,50011Other financing-
Transfer
out200,0003,217,50012Cash200,000474,5001514,700152Due
from State Gov1,340,000Revenues-
Intergovernmental1,340,000117,300-29,8003Capital
Expenditures121,000BUDGETARY FUND
BALANCECash121,000 DUE FROM STATE
ENCUMBRANCES RESERVE FOR
ENCUMBRANCESRESERVE FOR ENCUMBRANCES
GOVERNMENT4250,00050,0005550,000250,00044Encombranc
es
Control250,00021,340,0001,340,000974,500,000150,00066150,
0004,500,0007Budgetary Fund Bal- Reserve for
Encombrances250,00010459,3001,350,000881,350,000459,3001
03,150,00012123,150,0005Budgetary Fund Bal- Reserve for
Encombrances50,000459,3001313459,300Encombrances
Control50,000200,0001414200,000Capital Expenditure50,000-
Cash50,000(150,000)(150,000)6Budgetary Fund Balance-
Reserve for Encombrances150,000 CAPITALOTHER
FIN. USESEncombrance Control150,000
EXPENDITURESTRANSFERS OUT3121,0001200,000Capital
Expenditure150,000550,0001614,700Cash150,0006150,0008135
,0007Encombrances Control4,500,000123,150,000Budgetary
Fund Balance- Reserve for
2. Encombrances4,500,00013459,30014200,0008Budgetary Fund
Balance- Reserve for Encombrances1,350,000Encombrances
Control1,350,0004,265,300214,700Capital
Expenditure1,350,000Accounts Payable1,282,500Contracts
Payable- Retained percentage67,500
REVENUESOTHER FIN. SOURCESOTHER FIN.
SOURCESINTERGOVERNMENTAL BOND PROCEEDS
BOND
PREMIUM9Cash1,340,0001,340,00024,000,0001200,0001Due
from State Government1,340,00010Encombrances
Control459,5001,340,0004,000,000200,000Budgetary Fund
Balance- Reserve for Encombrances459,50011Accounts
Payable1,282,500Total Debits 4,359,800Cash1,282,500Total
Credits5,507,30012Budgetary Fund Balance- Reserve for
Encombrances3,150,000Encombrances Control3,150,000Capital
Expenditure3,150,000Contracts payable- Retained
percentage67,500Accounts payable3,217,500Accounts
payable3,217,500Cash3,217,50013Budgetary Fund Balance-
Reserve for Encombrances459,300Encombrances
control459,30014Budgetary Fund Balance- Reserve for
Encombrances200,000Encombrances Contrl200,000Capital
Expenditure200,000Accounts Payable200,00015Accounts
payable474,500Cash474,500Other financing uses- transfer
out14,700cash14,700
&"Arial,Bold"&14City of Monroe - City Jail Construction Fund
Debt Service Funds CASHFUND BALANCE
ASSIGNEDreference Account TitlesDebitsCredits
CASHWITH FISCAL AGENT FOR DEBT SERVICECITY
HALL DEBT SERVICE
FUNDbbbb580,000580,0001580,000bb5-C-21Expenditures -
Bond
interest180,0002574,000574,00022574,000574,0003Expenditure
s - Bond principal400,0004568,000568,00055568,000Cash with
fiscal agent580,0002cash574,000other financing sources
3. transfer in574,000-568,000580,000cash with fiscal
agent574,000cash574,0003Expenditures - Bond interest174,000
EXPENDITURES - EXPENDITURES -OTHER FIN.
SOURCESExpenditures - Bond principal400,000 BOND
INTEREST BOND PRINCIPAL TRANSFERS INCash with
fiscal
agent574,0001180,0001400,000574,00023174,0003400,000568,
00054cash568,000other financing sources transfer
in568,000354,000800,0001,142,0005Cash with fiscal
agent568,000cash568,000Total Debits 1,722,000Total
Credits1,722,000 CASHreference Account
TitlesDebitsCredits CASHWITH FISCAL AGENT
INVESTMENTSCITY JAIL DEBT SERVICE
FUND1200,000160,00022160,000160,00036200,0005-C-
31cash200,0002160,000360,00055360,000other financing
sources transfer
in200,000414,700200,00065360,0002cash160,000other
financing sources transfer in160,00014,700360,000200,000cash
with fiscal agent160,000cash160,0003Expenditures - Bond
interest160,000 EXPENDITURES - EXPENDITURES -
OTHER FIN. SOURCEScash with fiscal agent160,000 BOND
INTEREST BOND PRINCIPAL TRANSFERS
IN3160,000200,00014cash14,700160,0002other financing
sources transfer in14,70014,7004360,00055cash360,000other
financing sources transfer in360,000160,000-734,700cash with
fiscal agent360,000Total Debits 734,700cash360,000Total
Credits734,7006Investments200,000cash200,000
&16City of MonroeDebt Service Funds &16
Closing EntriesCAPITAL PROJECTS FUNDCAPITAL
PROJECTSAccount TitleDebitsCreditsFUND
BALANCERevenues-
intergovernmental1,340,0000PreclosingOFS-proceeds of
bonds4,000,000OFS-premium on bonds200,000closing
entryFund balanceCapital expenditures5,305,300OFU - transfer
out214,7000ending balanceCITY HALL DEBT SERVICE
4. FUNDCITY HALL DSFAccount TitleDebitsCreditsFUND
BALANCE580,000PreclosingOFU - transfer in1,142,000Fund
balance12,00012,000closing entryExpenditures - bond
interest354,000expenditures - bond
principal800,000568,000ending balanceCITY JAIL DEBT
SERVICE FUNDCITY JAIL DSFAccount
TitleDebitsCreditsFUND BALANCE0PreclosingOFS - transfers
in734,700Fund balance574,700574,700closing
entryExpenditures - bond interest160,000expenditures - bond
principal574,700ending balance
&14City of Monroe &14CAPITAL PROJECT AND DEBT
SERVICE FUND - Closing Entries
Stmt of revenues & expendituresAmounts shaded in blue came
from Chapter 4 assignmentGeneralStreet and HighwayCity Hall
Debt ServiceCity Jail Debt ServiceCity Jail ConstructionTotal
Governmental FundsRevenuesProperty Taxes$ 6,657,500$
6,657,500Sales Taxes2,942,0002,942,000Interest & penalties
16,1005,12021,220Licenses and
Permits800,000800,000Intergovernmental
Revenues332,0001,065,0001,340,0002,737,000Miscellaneous
Revenues350,000350,000 Total
Revenues11,097,6001,070,120--
1,340,00013,507,720ExpendituresCurrent: General
Government1,646,9001,646,900 Public
Safety3,026,9003,026,900 Highways and
Streets1,441,4001,042,0002,483,400 Sanitation591,400591,400
Health724,100724,100 Welfare374,300374,300 Culture and
Recreation917,300917,300Capital
Outlay492,8005,330,3005,823,100Debt Service-
Principal800,000800,000 Interest354,000160,000514,000
Total
Expenditures9,215,1001,042,0001,154,000160,0005,330,30016,
901,400Excess (Deficiency) of Revenues Over
Expenditures1,882,50028,120(1,154,000)(160,000)(3,990,300)(
3,393,680)Other Financing Sources (Uses)-Proceeds of
5. Bonds4,000,0004,000,000Premium on Bonds
Sold200,000200,000Transfers
In1,142,000720,0001,862,000Transfers
Out(1,662,000)(214,700)(1,876,700) Total Other
Financing Sources (Uses)(1,662,000)-
1,142,000720,0003,985,3004,185,300Net Change in Fund
Balance220,50028,120(12,000)560,000(5,000)791,620Fund
Balance, January 1737,250180,000580,000--1,497,250Fund
Balance, December 31$ 957,750$ 208,120$ 568,000$
560,000$ (5,000)$ 2,288,870
&"Times New Roman,Regular"&14City of MonroeStatement of
Revenues, Expenditures and Changes in Fund
BalanceGovernmental-type FundsFor the year ended December
31, 2017
Balance SheetAmounts shaded in blue came from Chapter 4
assignmentGeneralStreet and HighwayCity Hall Debt
ServiceCity Jail Debt ServiceTotal Governmental
FundsAssetsCash$ 727,500$ 102,120$ 829,620Cash with
Fiscal
Agent568,000360,000928,000Investments59,000200,000259,000
Taxes Reveivable - (net)274,000274,000Interest & Penalties
Receivable - (net)16,85016,850Due from State
Government384,000175,000559,000 Total Assets$
1,402,350$ 336,120$ 568,000$ 560,000$ 2,866,470
Liabilities, Deferred Inflows and Fund
BalanceLiabilitiesAccounts Payable$ 376,900$ 126,500$
503,400Due to Other funds40,20040,200 Total
Liabilities417,100126,500--543,600Deferred InflowsProperty
Taxes27,50027,500Fund BalancesRestricted for Street &
Highway Maintenance209,620209,620Assigned for:- Debt
Service568,000560,0001,128,000 Other
Purposes58,00058,000Unassigned899,750899,750
Total Fund Equity957,750209,620568,000560,0002,295,370
Total Liabilities, Deferred Inflows and Fund Balance$
1,402,350$ 336,120$ 568,000$ 560,000$ 2,866,470
6. &"Times New Roman,Regular"&14City of MonroeBalance
SheetGovernmental-type FundsAs of December 31, 2017
Complete Assignment 2: Paper
Effectiveness of the TSA
Post-911, the responsibility of airport security was shifted from
the private sector to the federal government. Write a short paper
(2–4 pages doubled spaced) assessing the role and the
effectiveness of the TSA in providing airport security. In your
response, you should identify and discuss the strengths and
weaknesses of the TSA. List and describe the types of resource
management techniques (at least four) the TSA should
implement to be effective in their role.
Additionally, provide an example of your interaction with the
TSA that was impacted by your perspective toward
multiculturalism and diversity.
Base your response on material from class, as well as outside
research. Critically reflect on the literature, past incidents,
legislative changes, etcetera to analyze the effectiveness of the
TSA using that information to support your position.
View/download Assignment Checklist
NOTE: This Assignment will require outside research. Use at
least three credible sources beyond the text material and discuss
how you evaluated the credibility of the resources used. You
may consult the Library, the Internet, the textbook, other course
material, and any other outside resources in supporting your
task, using proper citations in APA style.
Directions for Submitting Your Assignment
Create your paper in Word and save it in a location and with a
name that you will remember. Be sure to include your name,
class, and section number for your Assignment. Submit the
Assignment by uploading your document to the Unit 6
Assignment 2 Dropbox by the end of Unit 6.
7. Community FoundationCOMMUNITY FOUNDATION TRUST
FUND ACCRUEDreference Account
TitlesDebitsCredits CASHINTEREST
RECEIVABLEbb50,500bb7,5007-C-11type debit accounts in
this columntype credit accounts in this column50,5007,500
INVESTMENT IN INVESTMENT IN INVESTMENT
IN CORPORATE BONDS RST STOCK UVW
STOCKbb750,000bbbb750,000-- NET POSITION
ADDITIONSADDITIONS - INVESTMENT (beginning)
CONTRIBUTIONSEARNINGS - INTEREST808,000bb808,000-
-ADDITIONS - INVESTMENTADDITIONS - INVESTMENT
DEDUCTIONSEARNINGS - DIVIDENDSEARNINGS - ∆
FMVDISTRIBUTIONS TO NFPs---drcr808,000808,000ending
balance
&16City of Monroe
Community Foundation Trust Fund &16
Pension TrustPOLICE DEPARTMENT PENSION TRUST
FUND ACCRUED INVESTMENT INreference
Account TitlesDebitsCredits CASHINTEREST
RECEIVABLE CORP.
BONDSbb137,000bb75,000bb5,300,0007-C-11type debit
accounts in this columntype credit accounts in this
column5,300,000137,00075,000 INVESTMENT IN
NET POSITION CORP. STOCKACCOUNTS PAYABLE
(beginning)
bb2,790,00027,000bb8,275,000bb8,275,0002,790,00027,000AD
DITIONS - MEMBERADDITIONS - EMPLOYERADDITIONS -
INVESTMENT CONTRIBUTIONS
CONTRIBUTIONSEARNINGS - INTEREST---ADDITIONS -
INVESTMENTADDITIONS - INVESTMENT
DEDUCTIONSEARNINGS - DIVIDENDSEARNINGS - ∆
FMVANNUITY BENEFITS---
DEDUCTIONSDEDUCTIONS - REFUNDS TODISABILITY
8. BENEFITSTERMINATED EMPLOYEES--
drcr8,302,0008,302,000ending balance-
&"Arial,Bold"&14City of Monroe - Police Dept. Pension Trust
Fund
Closing EntriesCommunity Foundation Private Purpose Trust
FundAccount TitleDebitsCreditsNET
POSITION808,000Preclosingclosing entry808,000Police
Department Pension Trust FundAccount TitleDebitsCreditsNET
POSITION8,275,000Preclosingclosing entry8,275,000
&14City of Monroe &14
FIDUCIARY FUNDS- Closing Entries
stmt Changes Fiduciary Net PtnPolice Pension Trust
FundPrivate Purpose Trust FundAdditionsContributions: Plan
Members Employer Individuals Total Contributions--
Investment Income Interest Dividends Net Increase in Fair
Value of Investments Total Investment Income--
Total Additions--DeductionsAnnuity BenefitsDisability
BenefitsRefunds to Terminated EmployeesDistribution of
Scholarships Total Deductions--Change in Net
Position--Net Position, January 1Net Position, December 31$ -
$ -
&"Times New Roman,Regular"&14City of Monroe
Statement of Changes in Fiduciary Net Position
Fiduciary-type Funds
For the year ended December 31, 2017
Stmt of fiduciary net positionPolice Pensions Trust FundPrivate
Purpose Trust FundAssetsCashAccrued Interest
ReceivableInvestments at Fair Value: Bonds Common Stocks
Total Investments-- Total Assets--LiabilitiesAccounts
Payable Total Liabilities--Net PositionResources Held
in Trust for Pension Benefits and Other Purposes
&"Times New Roman,Regular"&14City of Monroe
9. Statement of Net Position
Fiduciary-type Funds
As of December 31, 2017
Continuous Problem – City of Monroe
Continuous Problem – City of Monroe
to Accompany
Essentials of Accounting for Governmental
and Not-for-Profit Organizations:
Thirteenth Edition
Chapters 2 through 8 describe accounting and financial
reporting by state and local governments. A continuous problem
is presented to provide an overview of the reporting process,
including preparation of fund basis and government-wide
statements. The problem assumes the government is using fund
accounting for its internal record-keeping and then at year-end
makes necessary adjustments to prepare the government-wide
statements. The problem that follows is presented in the same
order as the textbook (beginning with Chapters 3, and 4).
Each chapter requires the preparation of journal entries to
record the events and transactions of governmental, proprietary,
or fiduciary funds. For the General Fund, use control accounts
for the budgetary accounts, revenues, expenditures and
encumbrances. For all other funds, use separate accounts for
each type of revenue and expenditure/expense. At appropriate
stages, preparation of the fund and government-wide statements
are required. The following funds are included in this series of
problems:
Governmental Funds
· General
· Special revenue—Street and Highway Fund
10. · Capital projects—City Hall Annex Construction Fund
· Debt service—City Jail Annex Debt Service Fund
· Debt service—City Hall Debt Service Fund
Proprietary Funds
· Internal service—Stores and Services Fund
· Enterprise—Water and Sewer Fund
Fiduciary Funds
· Private-purpose—Student Scholarship Fund
· Pension trust—Fire and Police Retirement Fund
Chapters 3 & 4
The Balance Sheets of the General Fund and the Street and
Highway Fund of the City of Monroe as of December 31, 2016,
follow. These (beginning) balances have been entered in the
proper general ledger accounts, as of 1/1/2017.
CITY OF MONROE
General Fund Balance Sheet
As of December 31, 2016
Assets
Cash
$497,000
Taxes receivable
$210,000
Less: Estimated uncollectible taxes
(37,000)
net
11. 173,000
Interest and penalties receivable on taxes
5,200
Less: Estimated uncollectible interest and penalties
(950)
net
4,250
Due from state government
210,000
Total assets
$884,250
Liabilities, Deferred Inflows, and Fund Equity
Liabilities:
Accounts payable
$ 99,000
Due to other funds
27,000
Total liabilities
126,000
Deferred inflows – Property taxes
21,000
Fund equity:
12. Fund balance—assigned
(for outstanding encumbrances)
$17,000
Fund balance—unassigned
720,250
Total fund balance
737,250
Total liabilities, deferred inflows and fund equity
$884,250
CITY OF MONROE
Street and Highway Fund Balance Sheet
As of December 31, 2016
Assets
Cash
$23,000
Investments
59,000
Due from state government
107,000
Total assets
$189,000
Liabilities and Fund Equity
Liabilities:
13. Accounts payable
$9,000
Fund equity:
Fund balance—assigned for streets and
highways
180,000
Total liabilities and fund equity
$189,000
3–C. This portion of the continuous problem continues the
General Fund and special revenue fund examples by requiring
the recording and posting of the budgetary entries. To reduce
clerical effort required for the solution use control accounts for
the budgetary accounts, revenues, expenditures and
encumbrances. Subsidiary accounts are not required. Budget
information for the City includes:
a) As of January 1, 2017, the City Council approved and the
mayor signed a budget calling for $11,150,000 in property tax
and other revenue, $9,350,000 in appropriations for
expenditures, and $1,700,000 to be transferred to two debt
service funds for the payment of principal and interest. Record
the budget for the General Fund and post to the ledger.
b) Also as of January 1, 2017, the City Council approved and
the mayor signed a budget for the Street and Highway Fund that
provided for estimated revenues from the state government in
the amount of $1,068,000 and appropriations of $1,047,000.
Record the budget and post to the ledger.
14. 4–C. Part 1. General Fund Transactions
Required:
a. Record journal entries for the following transactions for FY
2017. Make any computations to the nearest dollar. Journal
entry explanations are not required. Use control accounts for
revenues, expenditures and budgetary accounts. It is not
necessary to reflect subsidiary ledger entries.
(1) Encumbrances of $ 17,000 for purchase orders outstanding
at the end of 2016 were re-established.
(2) The January 1, 2017, balance in Deferred Inflows – Property
Taxes relates to the amount of the 2016 levy that was expected
to be collected more than 60 days after December 31. This
amount should be recognized as 2017 revenues.
(3) A general tax levy in the amount of $6,800,000 was made. It
is estimated that 2¼ percent (.0225) of the tax will be
uncollectible.
(4) Tax anticipation notes in the amount of $500,000 were
issued.
(5) Goods and supplies related to all encumbrances outstanding
as of December 31, 2016 were received, along with invoices
amounting to $16,600; the invoices were approved for payment.
The City maintains immaterial amounts in supply inventories
and it is the practice of the City to charge supplies to
expenditure when received.
(6) All accounts payable and the amount due other funds were
paid.
(7) The General Fund collected the following ($ 10,811,500) in
cash:
· prior year taxes, $158,000;
· interest and penalties receivable on prior year taxes, $3,500;
· current taxes, $6,400,000;
· $210,000 previously recorded as due from the state
government;
· licenses and permits, $800,000;
· sales taxes, $2,890,000; and
15. · miscellaneous revenues, $350,000.
(8) Purchase orders and contracts were issued in the amount of
$3,465,000.
(9) Payrolls for the General Fund totaled $5,070,000. Of that
amount, $498,000 were withheld for employees’ federal income
taxes and $357,000 were withheld for employees’ FICA and
Medicare tax liability; the balance was paid in cash. The
encumbrance system is not used for payrolls.
(10) The liability for the city’s share of FICA and Medicare
taxes, $357,000, was recorded as was the liability for state
unemployment taxes in the amount of $28,000.
(11) Invoices for most of the supplies and services ordered in
transaction 8 were received in the amount of $3,375,300 and
approved for payment. The related encumbrance amounted to
$3,407,000.
(12) Tax anticipation notes were paid at maturity, along with
interest in the amount of $18,000.
(13) Notification was received that an unrestricted state grant in
the amount of $332,000 would be received during the first
month of the next year.
(14) The General Fund recorded a liability to the Water and
Sewer Fund for services in the amount of $37,000 and to the
Stores and Services Fund for supplies in the amount of
$313,200; $310,000 of the amount due the Stores and Services
Fund was paid.
(15) The General Fund recorded an amount due of $52,000 from
the state government, representing sales taxes to be collected
from retail sales taking place during the last week of the year.
(16) The General Fund paid accounts payable in the amount of
$3,175,000 and paid the amounts due the federal and state
governments. The General Fund also transferred to the debt
service funds cash in the amount of $1,662,000 for the recurring
payment of principal and interest.
(17) All required legal steps were accomplished to increase
appropriations by the net amount of $109,000. Estimated
16. revenues were increased by $73,000.
(18) The City Council authorized a write-off of $51,000 in
delinquent property taxes and corresponding interest and
penalties amounting to $1,600.
(19) Interest and penalties receivable on taxes were accrued in
the amount of $17,200; $1,100 of this amount is expected to be
uncollectible.
(20) It is estimated that $10,500 of the outstanding taxes
receivable will be collected more than 60 days beyond the fiscal
year-end.
b. Post the entries to the general ledger.
c. Prepare and post the closing entries for the General Fund.
Outstanding encumbrances at year end are classified as
Assigned Fund Balance and all remaining net resources are
classified as Unassigned Fund Balance.
d. Prepare a Statement of Revenues, Expenditures, and Changes
in Fund Balance for the year ended December 31, 2017.
Confirm that the revenue and expenditure control accounts
agree with the following detail and use this information in the
Statement:
Revenues
Expenditures
Property Taxes . . . . . .
$6,657,500
General Government . . .
$1,646,900
Sales Taxes
2,942,000
18. $9,215,100
e. Prepare in good form a Balance Sheet for the General Fund as
of the end of fiscal year, December 31, 2017.
4–C. Part 2. Special Revenue Fund Transactions
Required:
a. Record journal entries for the following transactions for FY
2017 and post to the general ledger. As there are relatively few
revenues and expenditures, the use of control accounts is not
necessary. (Make entries directly to individual revenue and
expenditure accounts).
(1) The state government notified the City that $1,065,000 will
be available for street and highway maintenance during 2017
(i.e. the City has met eligibility requirements). The funds are
not considered reimbursement-type as defined by GASB
standards.
(2) Cash in the total amount of $997,000 was received from the
state government.
(3) Contracts, all eligible for payment from the Street and
Highway Fund, were signed in the amount of $1,062,000.
(4) Contractual services (see transaction 3) were received; the
related contracts amounted to $1,042,000. Invoices amounting
to $1,040,500 for these items were approved for payment. The
goods and services all were for street and highway maintenance.
(5) Investment revenue of $5,120 was earned and received.
(6) Accounts payable were paid in the amount of $923,000.
(7) All required legal steps were accomplished to increase
appropriations in the amount of $4,500.
b. Prepare and post the necessary closing entries for the Street
and Highway Fund.
c. Prepare a Statement of Revenues, Expenditures, and Changes
in Fund Balances for the Street and Highway Fund for the fiscal
19. year ended December 31, 2017.
d. Prepare a Balance Sheet for the Street and Highway Fund as
of December 31, 2017. Assume any unexpended net resources
are classified as Restricted Fund Balance.
Chapter 5
5–C. Part 1. Capital Projects Fund Transactions
The voters of the City of Monroe approved the issuance of tax-
supported bonds in the face amount of $4,000,000 for the
construction and equipping of a new City Jail. Architects were
to be retained, and construction was to be completed by outside
contractors. In addition to the bond proceeds, a $1,340,000
grant was expected from the state government.
Required:
a. Open a general journal for the City Jail Annex Construction
Fund. Record the following transactions and post to the general
ledger. Control accounts are not necessary.
(1) On January 1, 2017, the total face amount of bonds bearing
an interest rate of 8 percent was sold at a $200,000 premium.
Principal amounts of $200,000 each will come due annually
over a 20-year period commencing January 1, 2018. Interest
payment dates are July 1 and January 1. The first interest
payment will be July 1, 2017. The premium was transferred to
the City Jail Debt Service Fund for the future payment of
principal on the bonds.
(2) The receivable from the state government was recorded.
(3) Legal and engineering fees early in the project were paid in
the amount of $121,000. This amount had not been encumbered.
(4) Architects were engaged at a fee of $250,000.
(5) Preliminary plans were approved, and the architects were
paid $50,000 (20 percent of the fee).
(6) The complete plans and specifications were received from
20. the architects and approved. A liability in the amount of
$150,000to the architects was approved and paid.
(7) Bids were received and opened in public session. After
considerable discussion in City Council, the low bid from
Hardhat Construction Company in the amount of $4,500,000
was accepted, and a contract was signed.
(8) The contractor required partial payment of $1,350,000.
Payment was approved and vouchered with the exception of a 5
percent retainage.
(9) Cash in the full amount of the grant was received from the
state government.
(10) Furniture and equipment for the annex were ordered at a
total cost of $459,500.
(11) Payment was made to the contractor for the amount payable
(see 8 above).
(12) The contractor completed construction and requested
payment of the balance due on the contract. After inspection of
the work, the amount, including the past retainage, was
approved for payment and then paid.
(13)The furniture and equipment were received at a total actual
installed cost of $459,300. Invoices were approved for payment.
(14) The remainder of the architects’ fees was approved for
payment.
(15) The City Jail Construction Fund paid all outstanding
accounts payables ($ 509,300) on December 31, 2017.
(16) The remaining cash was transferred to the City Jail Debt
Service Fund.
b. Post the entries to the City Jail Construction Fund general
ledger.
c. Prepare and post an entry closing all nominal accounts to
Fund Balance.
21. 5–C. Part 2. Existing Debt Service Fund Transactions
The City Hall Debt Service Fund of the City of Monroe has
been open for five years; it was created to service an
$16,000,000, 3 percent tax-supported bond issue. As of
December 31, 2016, this serial bond issue had a balance of
$12,000,000. Semiannual interest payments are made on January
1 and July 1, and a principal payment of $400,000 is due on
January 1 and July 1 of each year.
As this is a regular serial bond debt service fund, the only
accounts with balances as of January 1, 2017, were Cash with
Fiscal Agent and Fund Balance—Assigned for Debt Service,
each with balances of $580,000. (Revenues were raised and
collected in cash in 2016 in order to be able to pay bond
principal and interest due on January 1, 2017.) The government
chose not to accrue interest payable.
Required:
a. Open a general journal for the City Hall Debt Service Fund
and prepare journal entries for the following transactions.
Control accounts are not necessary
(1) The fiscal agent reported that $180,000 in checks had been
mailed to bondholders for interest due on January 1, and
$400,000 in checks were mailed for bonds maturing that day.
(2) Cash in the amount of $574,000 was received from the
General Fund on June 30 and was transferred to the fiscal agent.
(3) The fiscal agent reported that checks dated July 1 had been
mailed to bondholders for interest of $ 174,000 due that day and
$400,000 in checks were mailed for bonds maturing that day.
(4) Cash in the amount of $568,000 was received from the
General Fund on December 31 and transferred to the fiscal
agent to be used for the interest and principal due on January 1
(next fiscal year). The government elected to not accrue the
interest or principal at year-end.
22. b. Post the entries to the City Hall Debt Service Fund ledger (t-
accounts).
c. Prepare and post an entry closing all nominal accounts to
Fund Balance.
5–C. Part 3. New Debt Service Fund Transactions
On the advice of the city attorney, a City Jail Debt Service Fund
is opened to account for debt service transactions related to the
bond issue sold on January 1, 2017 (see Part 1).
Required:
a. Open a general journal for the City Jail Debt Service Fund.
Record the following transactions, as necessary. Control
accounts are not necessary
(1) The premium described in transaction 1 of Part 1 was
received as a transfer from the capital projects fund.
(2) Cash in the amount of $160,000 was received from the
General Fund on June 30 and was transferred to the fiscal agent.
(3) The fiscal agent reported that checks dated July 1 had been
mailed to bondholders for interest due that day.
(4) The transfer described in part c of Part 1 was received.
(5) Cash in the amount of $360,000 was received from the
General Fund on December 31 and transferred to the fiscal
agent to be used for interest and principal payments due on
January 1 (next fiscal year). The government elected to not
accrue the interest at year-end.
(6) $ 200,000 of the remaining cash on hand was invested.
b. Post the entries to the City Jail Debt Service Fund ledger (t-
accounts).
c. Prepare and post an entry closing all nominal accounts to
Fund Balance. Assume any remaining net resources are
23. classified as Fund Balance – Assigned for Debt Service.
5–C. Part 4. Governmental Funds Financial Statements
Required:
a. Prepare a Balance Sheet for the governmental funds for the
City of Monroe as of December 31, 2017. Include the General
Fund, the Street and Highway Fund (P4–C), the City Hall Debt
Service Fund, and the City Jail Debt Service Fund. Use the
balances computed in 4-C for the General Fund and special
revenue fund portions of this statement.
b. Prepare a Statement of Revenues, Expenditures, and Changes
in Fund Balances for the governmental funds for the City of
Monroe for the Year Ended December 31, 2017. Include the
same funds as listed in requirement a plus the City Jail
Construction Fund.
Chapter 6 – Proprietary Funds
6–C. Part 1. Internal Service Fund Transactions
The Stores and Service Fund of the City of Monroe had the
following account balances as of January 1, 2017:
Debits
Credits
Cash
$28,000
Due from other funds
27,000
Inventory of supplies
27,500
24. Land
18,000
Buildings
84,000
Accumulated depreciation—buildings
$30,000
Equipment
46,000
Accumulated depreciation—equipment
25,000
Accounts payable
19,000
Advance from water utility fund
30,000
Net position
126,500
Totals
$230,500
$230,500
Required:
a. Open a general journal for the City of Monroe Stores and
Service Fund and record the following transactions.
(1) A budget was prepared for FY 2017. It was estimated that
the price charged other departments for supplies should be
1.25% of cost to achieve the desired breakeven for the year.
(2) The amount due from other funds as of January 1, 2017, was
collected in full.
25. (3) During the year, supplies were ordered and received in the
amount of $307,000. This amount was posted to accounts
payable.
(4) $15,000 of the advance from the Water Utility Fund,
originally provided for construction, was repaid. No interest is
charged.
(5) During the year, supplies costing $250,560 were issued to
the General Fund, and supplies costing $46,400 were issued to
the Water Utility Fund. These funds were charged based on the
previously determined markup ($ 313,200 to General Fund and
58,000 to the Water Utility Fund).
(6) Operating expenses, exclusive of depreciation, were
recorded in accounts payable as follows: Purchasing, $15,000;
Warehousing, $16,900; Delivery, $17,500; and Administrative,
$9,000.
(7) Cash was received from the General Fund in the amount of
$310,000 and from the Water Utility Fund in the amount of
$50,000.
(8) Accounts payable were paid in the amount of $365,000.
(9) Depreciation in the amount of $10,000 was recorded for
buildings and $4,600 for equipment.
b. Post the entries to the Stores and Service Fund ledger (t-
accounts).
c. Prepare and post an entry closing all nominal accounts to Net
position. Compute the balance in the net position accounts,
assuming there are no Restricted Net position.
6–C. Part 2. Enterprise Fund Transactions
The City of Monroe maintains a Water and Sewer Fund to
provide utility services to its citizens. As of January 1, 2017,
the City of Monroe Water and Sewer Fund had the following
26. account balances:
Debits
Credits
Cash
$ 98,000
Customer Accounts Receivable
84,000
Estimated Uncollectible Accounts Receivable
$4,000
Materials and Supplies
28,000
Advance to Stores and Services Fund
30,000
Restricted Assets
117,000
Water Treatment Plant in Service
4,200,000
Construction Work in Progress
203,000
Accumulated Depreciation - Utility Plant
1,200,000
Accounts Payable
97,000
Revenue Bonds Payable
27. 2,500,000
Net position
959,000
Totals
$4,760,000
$4,760,000
Required:
a. Open a general journal for the City of Monroe Water and
Sewer Utility Fund and record the following transactions.
(1) During the year, sales of water to non-government customers
amounted to $1,018,000 and sales of water to the General Fund
amounted to $37,000.
(2) Collections from non-government customers amounted to
$976,000.
(3) The Stores and Services Fund repaid $15,000 of the long-
term advance to the Water and Sewer Fund.
(4) Materials and supplies in the amount of $261,000 were
received. A liability in that amount was recorded.
(5) Materials and supplies were issued and were charged to the
following accounts: cost of sales and services, $169,500;
selling, $15,000; administration, $18,000; construction work in
progress, $50,000.
(6) Payroll costs for the year totaled $416,200 plus $34,200 for
the employer’s share of payroll taxes. Of that amount, $351,900
was paid in cash, and the remainder was withheld for taxes. The
$450,400 (416,200 + 34,200) was distributed as follows: cost of
sales and services, $265,800; sales, $43,900; administration,
$91,400; construction work in progress, $49,300.
(7) Bond interest (6½%) in the amount of $162,500 was paid.
(8) Interest in the amount of $17,000 (included in 7 above) was
reclassified to Construction Work in Progress.
(9) Construction projects at the water treatment plant (reflected
in the beginning balance of construction in process) were
28. completed in the amount of $203,000, and the assets were
placed in service. Payments for these amounts were made in the
previous year (no effect on 2017 Statement of Cash Flows).
(10) Collection efforts were discontinued on bills totaling
$2,890. The unpaid receivables were written off.
(11) An analysis of customer receivable balances indicated the
Estimated Uncollectible Accounts needed to be increased by
$5,500.
(12) Payment of accounts payable amounted to $302,000.
Payments of payroll taxes totaled $95,200.
(13) Supplies transferred from the Stores and Services Fund
amounted to $58,000. Cash in the amount of $50,000 was paid
to the Stores and Services Fund for supplies.
(14) Depreciation expense for the year was computed to be
$282,000.
(15) In accord with the revenue bond indenture, $25,000 cash
was transferred from operating cash to restricted assets.
b. Post the entries to the Water and Sewer Fund ledger (t-
accounts).
c. Prepare and post an entry closing all nominal accounts to Net
position. Compute the balance in the net position accounts,
assuming the only restricted assets are those identified with the
bond indenture and the outstanding bonds are associated with
the purchase of capital assets.
6–C. Part 3. Proprietary Fund Financial Statements
Required:
Prepare, in good form, for the proprietary funds accounted for
in Parts 1 and 2, the following:
(1) A Statement of Revenues, Expenses, and Changes in Fund
Net position for the Year Ended December 31, 2017.
29. (2) A Statement of Net position, as of December 31, 2017.
(3) A Statement of Cash Flows for the Year Ended December
31, 2017. Include restricted assets as a part of cash and cash
equivalents for this statement. (Assume any materials and labor
attributable to construction in process were paid by year end).
Chapter 7 – Fiduciary Funds
7–C. Part 1. Private Purpose Trust Fund Transactions
The City of Monroe Scholarship Foundation private-purpose
trust fund had the following account balances on January 1,
2017:
Debits
Credits
Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$ 50,500
Accrued Interest Receivable . . . . . . . . . . . . . . . . . .
7,500
Investments in Corporate Bonds . . . . . . . . . .
750,000
Net position Held in Trust ……………… . . . . . . . . .
$ 808,000
Totals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$ 808,000
$ 808,000
Required:
a. Open a general journal for the City of Monroe Community
30. Foundation Trust Fund and record the following transactions for
the year ending December 31, 2017:
(1) On May 1, the first semiannual interest payment was
received on the corporate bonds. The bonds pay 6 percent
annual interest, semiannually on May 1 and November 1.
(2) During the first half of the year, additional contributions
from individuals and foundations amounted to $205,500, in
cash. From these funds, $ 200,000 were invested in RST
Corporation stock on June 15.
(3) On November 1, the second semiannual interest payment
was received from the investment in bonds.
(4) On November 15, a dividend was declared by RST
Corporation in the amount of $2,000 and was received in cash.
(5) On December 1, RST Corporation stock was sold for
$204,000 cash. Those funds were immediately invested in UVW
Corporation stock.
(6) On December 15, cash scholarships in the amount of
$48,000 were made to various college students.
(7) On December 31, an accrual was made for year-end interest
on the corporate bonds.
(8) Also, on December 31, it was determined that the market
value of the corporate bonds, exclusive of accrued interest, was
$ 752,100 and that the market value of UVW Company stock
was $ 199,000.
b. Post the entries to the Community Foundation Trust ledger (t-
accounts).
c. Prepare and post an entry closing all nominal accounts to Net
position.
7–C. Part 2. Pension Trust Fund Transactions
The City of Monroe Police Department pension plan, a single-
employer, defined-benefit plan, reported the following account
31. balances as of January 1, 2017:
Debits
Credits
Cash
$137,000
Accrued Interest Receivable
75,000
Investments: Bonds
5,300,000
Investments: Common Stock
2,790,000
Accounts Payable
$27,000
Net position Held in Trust for Employee Benefits
8,275,000
Totals
$ 8,302,000
$8,302,000
Required:
a. Open a general journal for the City of Monroe Police
Department Pension Trust Fund and record the following
transactions for the year ending December 31, 2017:
(1) Member contributions were received in the amount of
$400,000. The City General Fund contributed the same amount.
(2) Interest was received in the amount of $212,000, including
the accrued interest receivable at the beginning of the year. The
interest accrual at year end amounted to $86,000.
32. (3) During the year, common stock dividends amounted to
$125,000.
(4) Investments were made during the year in common stock in
the amount of $650,000.
(5) Annuity benefits in the amount of $325,400, disability
benefits of $ 82,020 and refunds to nonvested terminated
employees of $39,800 were recorded as liabilities.
(6) Accounts payable, in the amount of $460,700, were paid in
cash.
(7) During the year, common stock valued at $505,000 was sold
for $506,800. A portion of these funds, $500,000 were invested
in common stock of a different company.
(8) At year-end, the market value of investments in bonds
increased by $7,750; the market value of investments in stocks
decreased by $3,250.
b. Post the entries to the Police Department Pension Trust
ledger (t-accounts).
c. Prepare and post an entry closing all nominal accounts to Net
position.
7–C. Part 3. Fiduciary Fund Financial Statements
Required: Using the balances from Parts 1 and 2 prepare the
following:
1. Statement of Changes in Fiduciary Net position.
2. Statement of Fiduciary Net position
Chapter 8 – Government-wide Statements
8–C. Assemble the following from previous continuous
33. problems: (1) the governmental funds Balance Sheet and
Statement of Revenues, Expenditures, and Changes in Fund
Balances from Section 5–C; (3) the proprietary funds Statement
of Net position and Statement of Revenues, Expenses, and
Changes in Fund Net position from Section 6–C.
Required:
1. Start a worksheet for adjustments, using the trial balance
format illustrated in the text (i.e. list accounts with debit
balances first, then accounts with credit balances). Enter the
balances from the governmental funds financial statements
prepared for Section 5-C. When doing this, follow the
following guidelines:
· Net position: Use a single account for net position (which
will include the beginning balance of all fund balance
accounts).
· Intergovernmental Revenues: When setting up the worksheet,
set up separate lines for the intergovernmental revenues as
follows:
State Grant for Highway and Street Maintenance
$ 1,065,000
Operational Grant—General Government
332,000
Capital Grant—Public Safety
1,340,000
total
$2,737,000
· Capital Assets: It is not necessary to set up separate lines for
different classes of capital (fixed) assets or accumulated
depreciation (simply use one row for Capital Assets and another
for Accumulated Depreciation).
34. · Confirm that the total debits and credits equal.
2. Prepare worksheet entries and post to the worksheet for the
following items. Identify each adjustment by the letter used in
the problem:
a. Record the January 1, 2017 balances of general fixed assets
and related accumulated depreciation accounts. The City of
Monroe had the following balances (excluding Internal Service
Funds):
Cost
Accumulated Depreciation
Totals
$ 64,200,000
28,700,000
b. Eliminate the capital expenditures shown in the
governmental funds Statement of Revenues, Expenditures, and
Changes in Fund Balances.
c. Depreciation expense (governmental activities) for the year
totaled $ 4,900,000.
d. Eliminate the other financing sources from the sale of bonds
by recording a liability for bonds payable and the related
premium.
e. As of January 1, 2017, the City of Monroe had $12,000,000
in general obligation bonds outstanding.
f. Eliminate the expenditures for bond principal.
g. Accrue interest in the amount of $328,000. (Two bond
issues were outstanding; interest payments for both were last
made on July 1, 2017. The computation is as follows:
($11,200,000 × .03 × 6/12) + ($4,000,000 ×. 08 × 6/12) =
35. $328,000).
h. Adjust for the interest accrued in the prior year government-
wide statements, but recorded as an expenditure in the 2017
fund basis statements, ($12,000,000 × .03 × 6/12) = $180,000.
i. Amortize bond premium in the amount of $ 10,000.
j. Make adjustments for additional revenue accrual. The only
adjustment is for property taxes to eliminate the current year
deferral of property taxes.
k. Adjust for the $21,000 of property taxes that was deferred
in 2016 and recognized as revenue in the 2017 fund-basis
statements.
l. Assume the City adopted a policy in 2017 of allowing
employees to accumulate compensated absences. Make an
adjustment accruing the expense of $ 42,000 Charge
compensated absences expense.
m. Bring in the balances of the internal service fund balance
sheet accounts. Again, use a single account for all capital assets
and a second account for all accumulated depreciation balances
(use a separate column of the worksheet to enter Internal
Service Fund entries).
n. No revenues from internal service funds were with external
parties. Assume $3,200 of the $11,200 “Due from Other Funds”
in the internal service accounts represents a receivable from the
General Fund and the remaining $8,000 is due from the
enterprise fund. Eliminate the $3,200 interfund receivables.
o. Reduce governmental fund expenses by the net operating
profit of internal service funds. As the amount is small, reduce
general government expenses for the entire amount.
p. Eliminate transfers that are between departments reported
within governmental activities.
3. Prepare, in good form, a Statement of Activities for the City
of Monroe for the Year Ended December 31, 2017. For purposes
of this statement, assume:
· $ 332,000 in the General Fund is a state grant specifically to
support general government programs.
36. · $ 1,065,000 in the Street and Highway Fund is an operating
grant specifically for highway and street maintenance expenses.
· $ 1,340,000 in the City Jail Construction Fund is a capital
grant that applies to public safety.
Use the balances computed from the worksheet completed in
part 2 for the governmental activities portion of the statement.
Use the solution to P6–C (Enterprise fund) to prepare the
business activities portion (net any short-term interfund
payables/receivables).
4. Prepare, in good form, a Statement of Net position for the
City of Monroe as of December 31, 2017. Group all capital
assets, net of depreciation. Include a breakdown in the Net
position section for (a) capital assets, net of related debt, (b)
restricted, and (c) unrestricted. For purposes of classifying net
position for the governmental activities, assume:
· For the governmental activities net position invested in capital
assets, net of related debt, the related debt includes the bonds
payable, the premium on bonds payable, and the advance from
the water utility fund.
· The special revenue fund resources are restricted by the
granting agency for street and highway maintenance. Assume
$204,500 are the only restricted resources in the governmental
activities.
5. Prepare the reconciliation necessary to convert from the fund
balance reported in the governmental funds Balance Sheet to the
net position in the government-wide Statement of Net position.
6. Prepare the reconciliation necessary to convert from the
change in fund balances in the governmental funds Statement of
Revenues, Expenditures, and Changes in Fund Balances to the
change in net position in the government-wide Statement of
Activities.
37. Chapter 13 – Financial Statement Analysis
Assemble the financial statements prepared for the City of
Monroe. These financial statements will be in the solutions to
Exercises 5–C, 6–C, 7–C, and 8–C. Assume a population of
30,000 and fair value of property in the amount of $350 million.
Compute the following ratios, following the guidance used for
the Village of Elizabeth in this chapter:
(1) Financial Position – Governmental Activities
(2) Financial Position – General Fund.
(3) Quick Ration – Governmental Activities
(4) Leverage – Primary Government
(5) Debt Coverage – Enterprise Funds
(6) Debt Service to Total Expenditures
(7) Debt per Capital – Primary Government
(8) Debt to Assessed Value of Property – Primary Government
1
Continuous Problem
–
City of Monroe
1
Continuous Problem
–
City of
Monroe
39. Chapters 2 through 8
describe
accounting
a
nd financial reporting by state and local
governments. A
continuous
problem is presented to
provide an overview of the reporting
process, including preparation of fund basis and government
-
wide statements.
The
problem
assumes the government is using fund accounting for its internal
record
-
keeping and then at
year
-
end makes necessary adjustments to prepare
the government
-
wide statements.
The
problem that follows is
presented in the same order as the textbook (beginning with
Chapters
3, and
40. 4
).
Each chapter requires the preparation of journal entries to
record
the events and transactions
of governmental, proprietary, or fiduciary funds. For the
General Fund, use control accounts
for the budgetary accounts, revenues, expenditures and
encumbrances. For all other funds,
use separate accounts for each type of rev
enue and expenditure/expense.
At appropriate
stages, preparation of
the fund and government
-
wide statements are required. The following
funds
are incl
uded in this series of problems:
Governmental Funds
Ø
General
Ø
Special revenue
—
41. Street and Highway Fund
Ø
Capi
tal projects
—
City Hall Annex Construction Fund
Ø
Debt service
—
City Jail
Annex Debt Service Fund
Ø
Debt service
—
City Hall Debt Service Fund
Proprietary Funds
Ø
Internal service
—
Stores and Services Fund
Ø
Enterprise
—
42. Water and Sewer Fund
Fiduciary Funds
Ø
Private
-
purpose
—
Student Scholarship Fund
Ø
Pension trust
—
Fire and Police Retirement Fund
Chapters 3 & 4
The Balance Sheet
s
of the General Fund
and the Street and Highway Fund
of the City of
Monroe
as of December 31,
2016
, follow
.
43. These
(beginning)
balances have been entered
in
the proper general ledger accounts,
as of
1/1
/
2017
.
Continuous Problem – City of Monroe
1
Continuous Problem – City of Monroe
TO ACCOMPANY
ESSENTIALS OF ACCOUNTING FOR GOVERNMENTAL
AND NOT-FOR-PROFIT ORGANIZATIONS:
THIRTEENTH EDITION
Chapters 2 through 8 describe accounting and financial
reporting by state and local
governments. A continuous problem is presented to provide an
overview of the reporting
process, including preparation of fund basis and government-
wide statements. The problem
assumes the government is using fund accounting for its internal
record-keeping and then at
year-end makes necessary adjustments to prepare the
government-wide statements. The
problem that follows is presented in the same order as the
44. textbook (beginning with Chapters
3, and 4).
Each chapter requires the preparation of journal entries to
record the events and transactions
of governmental, proprietary, or fiduciary funds. For the
General Fund, use control accounts
for the budgetary accounts, revenues, expenditures and
encumbrances. For all other funds,
use separate accounts for each type of revenue and
expenditure/expense. At appropriate
stages, preparation of the fund and government-wide statements
are required. The following
funds are included in this series of problems:
Governmental Funds
—Street and Highway Fund
—City Hall Annex Construction Fund
—City Jail Annex Debt Service Fund
—City Hall Debt Service Fund
Proprietary Funds
—Stores and Services Fund
—Water and Sewer Fund
Fiduciary Funds
-purpose—Student Scholarship Fund
—Fire and Police Retirement Fund
Chapters 3 & 4
The Balance Sheets of the General Fund and the Street and
Highway Fund of the City of
Monroe as of December 31, 2016, follow. These (beginning)
45. balances have been entered in
the proper general ledger accounts, as of 1/1/2017.
Conversion worksheetGreen shaded cells are from Chapter 5
financial StatementsEnter all amounts as positive numbers. The
worksheet is formatted to add debits to assets & expenses and
add credits to revenues, liabilities & equityRefr. Account
TitlesDebitsCreditsGov'tal Fund Balances Adjustments &
EliminationsGovern-mental Funds AdjustedInternal Service
FundsBalances for Gov't-wide
StmtsDebitsCreditsDebitsCreditsAtype debit accounts in this
columnDEBITS:type credit accounts in this
columnCash657,720657,720657,720Cash with Fiscal
Agent928,000928,000928,000Investments259,000259,000259,00
0Taxes Receivable, net262,000262,000262,000Interest
Receivable, net16,85016,85016,850Inventories--Due from State
Govt.559,000559,000559,000Due from Other Funds--Capital
Assets-- both rows--Expenditures (expenses) Current-
General Govt.1,646,9001,646,9001,646,900 Public
Safety3,026,9003,026,9003,026,900 Highway and
Streets2,481,9002,481,9002,481,900
Sanitation591,400591,400591,400
Health724,100724,100724,100 Welfare374,300374,300374,300
Culture and Recreation917,300917,300917,300Compensated
Absences Exp--Other Expenditures (expenses)-- - Debt Service
Principal800,000800,000800,000 - Interest
(expenditure/expense)514,000514,000514,000 both rows -
Capital Outlay5,823,1005,823,1005,823,100 - Depreciation--
Other Fin. Uses - Transfers Out1,871,7001,871,7001,871,700-
Total Debits21,454,17021,454,170CREDITS:Accounts
Payable326,800326,800326,800Due to Other
Funds40,20040,20040,200Accrued Interest Payable--Bonds
Payalbe both rows--Premium on Bonds--Compensated
Absence Payable--Advance from Water Utility Fund--Deferred
46. Inflows: Property Taxes10,50010,50010,500Accumulated
Depreciation both rows--Revenues-Property
Taxes6,657,5006,657,5006,657,500Sales
Taxes2,942,0002,942,0002,942,000Interest21,22021,22021,220
Licenses &
Permits800,000800,000800,000Miscellaneous350,000350,00035
0,000State Grant for Highway Street
Expenses1,065,0001,065,0001,065,000Capital Grant- Gen
Gov't332,000332,000332,000Capital Grant- Public
Safety1,340,0001,340,0001,340,000----Other Financing
Sources--Proceeds of
Bonds4,000,0004,000,0004,000,000Premium on
Bonds200,000200,000200,000Transfers
In1,871,7001,871,7001,871,700Net Position at beginning of
year- three rows1,497,2501,497,2501,497,250Total
Credits21,454,17021,454,170column totals: debits = credits ??-
-----
CITY OF MONROE
WORKSHEET TO CONVERT GOVERNMENTAL ACTIVITIES
TO ACCRUAL BASIS
Stmt of ActivitiesProgram RevenuesNet (Expense) Revenue and
Change in Net PositionExpensesCharges for
ServicesOperational Grants and ContributionsCapital Grants
and ContributionsGovernmental ActivitiesBusiness-Type
ActivitiesTotalFunctions/ProgramsGovernmental Activities:
General Government$ -$ - Public Safety-- Highways and
Streets-- Sanitation-- Health-- Welfare-- Culture and
Recreation-- Depreciaiton-- Interest-- Compensated Absneces-
- Total Governmental Activities------Business Type
Activities Water and Sewer-- Total Government$ -$ -$ -
$ -$ -$ --General RevenuesTaxes: Property Taxes- Sales
Taxes-Interest-licenses and Permits-Miscellaneous- Total
General Revenues---Change in Net Position---Net Position,
Beginning-Net Position, Ending$ -$ -$ -
&14CITY OF MONROE
47. Statement of Activities
&11For the year ended December 31, 2017
Stmt of Net PositionGovernmental ActivitiesBusiness-Type
ActivitiesTotalAssetsCash$ -Cash with Fiscal Agents-
Investments-Accounts Receivable (Net)-Taxes Receivable
(Net)-Interest Receivable-Internal Balances Current-Net the
amounts: due from and (due to) other fundsDue from Other
Governments-Inventories-Internal Balances Long-Term-
Restricted Assets-Capital Assets, Net of Accumulated
Depreciation- Total Assets$ -$ -$ -
LiabilitiesAccounts Payable-Payroll Taxes Payable-Accrued
Interest Payable-Revenue Bonds Payable-General Obligation
Bonds Payable-Premium on Bonds Sold-Compensated Absences
Payable- Total Liabilities---Net PositionNet
Investment in Capital Assets-Restricted-Unrestricted-
Total Net Position$ -$ -$ -
&14CITY OF MONROE
Statement of Net Position
&11As of December 31, 2017
ReconciliationsCITY OF MONROEReconciliation of the
Balance Sheet of Governmental Funds to the Statement of Net
PositionAs of December 31, 2017Fund balances reported in
governmental funds Balance SheetAmounts reported for
governmental activities in the Statement of Net Position are
different because:Capital assets used in governmental activities
are not financial resources and therefore not reported in the
funds. Amount does not include capital assets of internal
service funds (reported in following row). The assets and
liabilities of internal service funds are included in governmental
funds in the Statement of Net Position.Deferred revenue for
property taxes reported in the funds but accrued as revenue in
the government-wide statements and added to Net
Position.Accrued interest payable is reported as a liability in the
Statement of Activities; interest is not accrued in the
48. governmental funds.Bonds payable, not due and payable in the
current period are not reported in the funds.Compensated
absences, not due and payable in the current period are not
reported in the funds.Net Position of Governmental Activities$
-CITY OF MONROEReconciliation of the Statement of
Revenues, Expenditures and Changes in Fund Balance to the
Statement of ActivitiesFor the year ended December 31,
2017Net change in fund balances - Governmental fundsAmounts
reported for governmental activities in the Statement of
Activities are different because:Governmental funds report
capital outlays as expenditures rather than assetsGovernmental
funds do not report depreciation expenseThe net revenue of
internal service funds is not reported with the governmental
fundsProperty taxes due more than 60 days after year end is not
accrued in the governmental funds.Bond proceeds are reported
as other financing sources in the governmental funds but as
liabilities in the government-wide statements.Repayment of
bonds is reported as an expenditure in the governmental
fundsInterest is not accrued at year end in the governmental
funds.Increases in compensated absences, not due and payable
in the current period are not reported in the funds.Change in Net
Position of Governmental Activities $ -
City of Monroe
Reconciliation of fund basis to government-wide statements