Week 1 – Discussion 1
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Accounting and Financial Reporting
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From Chapter 1 complete Exercise 1-6 and Exercise 1-9. From chapter 2 complete Exercise 2-2 and post the answers to the discussion board. Do not forget to show all necessary steps and explain how you attained the outcome.
Week 1 – Discussion 2
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GASB, CAFR ISSUES and Budgetary Comparison Schedule
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From Chapter 2 complete Exercise 2-3 and from Chapter 3 complete Exercise 3-5 and Exercise 3-10 and post the answers to the discussion board. Do not forget to show all necessary steps and explain how you attained the outcome.
Government-Wide Statements & Budgetary Comparison Schedule
To complete this assignment, go to this week’s Assignment link in the left navigation:
Government-Wide Statements & Budgetary Comparison Schedule
Complete the following activities and submit your answers to your instructor in a Word document formatted to proper APA specifications. Include any relevant supporting computations and explanations.
Part One.
Review the financial information pertaining to the City of Northern Pines in problem 2-8 on pages 52 and 53 of your text. Prepare, in good form, a Statement of Activities for the city of Northern Pines for the year ended June 30, 2015. Northern Pines has no component units.Part Two:
Review the financial information pertaining to the city of Eastern Shores in problem 2-9 on page 53 of your text. From the information given, prepare in good form, a General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances for the city of Eastern Shores General Fund for the Year Ended September 30, 2015.Part Three:
Review the financial transactions pertaining to the City of Springfield in problem 3-12 on pages 82 and 83.
- Record the transactions using appropriate journal entries.
- Prepare a budgetary comparison schedule for the General Fund.
CANT POST THE QUIZ!!!!!!
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