ACCT 567 Course Future Starts / acct567dotcom

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ACCT 567 Course Future Starts / acct567.com
The Best way to predict the Future is to create
it.....To Best way....
www.acct567.com
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Entire Course (Keller) For more course
tutorials visit www.acct567.com   ACCT 567 Week 1
Exercises ACCT 567 Week 2 Case Study I ACCT 567
Week 2 Problems 3-9 and 4-4, 4-6, 4-10 ACCT 567
Week 3 Problems 5-3 and 6-5 ACCT 567 Week 4
Midterm Exam ACCT 567 Week 4 Problems 7-3 and
7-8 ACCT 567 Week 5 Case Study City of Shipley
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 1 Exercises (Keller) For more
course tutorials visit www.acct567.com   From the
textbook, complete the following problems.
        Chapter 1 Exercise 13 Chapter 2
Exercises 23 and 25 
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 2 Case Study I (Keller)   For more
course tutorials visit www.acct567.com ACCT567
Case Study I (Week 2) The General Fund of
Middleville has presented you with the following
trial balance as of June 30, 2011. Debits
Credits Cash 40,000 Taxes Receivable-
Delinquent 142,000 Estimated Uncollectible Taxes-
Delinquent 9,100 Interest and Penalties
Receivable 32,000 Vouchers Payable 24,000
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 2 Problems 3-9 and 4-4, 4-6, 4-10
(Keller) For more course tutorials
visit www.acct567.com From the textbook,
complete the following problems. Problems 3-9 and
4-4, 4-6, 4-10 
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 3 Problems 5-3 and 6-5 (Keller)
For more course tutorials visit www.acct567.com M
ake all necessary entries in the appropriate
governmental fund general journal and the
government-wide governmental activities general
journal for each of the following transactions
entered into by the City of Fordache. 1. The city
received a donation of land that is to be used by
Parks and Recreation for a park. At the time of
the donation, the land had a fair value of
5,200,000 and was recorded on the donors books
at a historical cost of 4,500,000.
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 3 Test All Questions and Answers
(Keller) For more course tutorials
visit www.acct567.com   ACCT 567 Week 3 Test All
Questions and Answers
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 4 Midterm Exam (Keller) For more
course tutorials visit www.acct567.com 1. (TCOs
A and B) Fiduciary funds are to use which of the
following measurement and basis of accounting?
(Points 5) Economic resource measurement focus
and accrual basis of accounting.Current
financial resources measurement focus and accrual
basis of accounting.Economic resources
measurement focus and modified accrual basis of
accounting.None of the above, the fiduciary
funds have no revenues.
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 4 Problems 7-3 and 7-8 (Keller) For
more course tutorials visit www.acct567.com Durin
g the fiscal year ended September 30, 2011, the
following transactions (summarized) occurred 1.
Employees were paid 290,000 wages in cash
additional wages of 43,500 were withheld for
federal income and social security taxes. The
employers share of social security taxes
amounted to 23,375. 2. Cash remitted to the
federal government during the year for
withholding taxes and social security taxes
amounted to 65,500.
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 5 Case Study City of Shipley
(Keller) For more course tutorials
visit www.acct567.com The City of Shipley
maintains an Employee Retirement Fund a
single-employer, defined benefit plan that
provides annuity and disability benefits. The
fund is financed by a process that makes
actuarially determined contributions from the
citys General Fund and by contributions that are
made by the employees. The General Fund is
handling the administration of the retirement
fund and it does not have any administrative
expenses. The Statement of Net Assets for the
Employees Retirement Fund as of July 1, 2011 is
shown below
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 5 Homework Case study (Keller) For
more course tutorials visit www.acct567.com Case
8 - 1 a. When was CalPERS established? b. What
types of employers contribute to CalPERS?\ c. How
many individuals are served by CalPERS? d. How
many and what types of funds are administered by
CalPERS? e. For the most recent reporting period,
what is the value of total fiduciary assets?
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 5 Problems 8-4 and 9-4 (Keller) For
more course tutorials visit www.acct567.com The
county collector of Lincoln County is responsible
for collecting all property taxes levied by funds
and governments within the boundaries of the
county. To reimburse the county for estimated
administrative expenses of operating the tax
agency fund, the agency fund deducts 1 percent
from the collections for the town, the school
district, and the townships.
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 5 Test All Questions and Answers
(Keller) For more course tutorials
visit www.acct567.com 1.Question (TCO F) Any
activities that produce goods or services to be
provided to other departments or other
governmental units would be reported in which
fund? Enterprise Fund Internal Service
Fund Advance Fund Agency Fund
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 6 Problem 12-4 (Keller) For more
course tutorials visit www.acct567.com Quad-State
s Community Service Agency expended federal
awards during the most recent fiscal year in the
following amounts for the programs
shown Additional information indicates that
Programs 4 and 10 were audited as major programs
in each of the two preceding fiscal years, with
no audit findings reported.
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 7 Problems 16-3 and 17-6
(Keller) For more course tutorials
visit www.acct567.com Elizabeth College, a small
private college, had the following transactions
in fiscal year 2011. 1. Billings for tuition and
fees totaled 5,600,000. Tuition waivers and
scholarships of 61,500 were granted. Students
received tuition refunds of 101,670.
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ACCT 567 Course Future Starts / acct567.com
ACCT 567 Week 8 Final Exam (Keller) For more
course tutorials visit www.acct567.com   1. (TCO
A) On what should the government-wide financial
statements report? (Points 5) Net position and
results of the financial operations of the
government as a whole.Budgetary ComplianceThe
cost of government servicesFiscal
accountability 2. (TCO B) According to GASB
standards, when should transfers be recognized?
(Points 5)
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ACCT 567 Course Future Starts / acct567.com
The Best way to predict the Future is to create
it.....To Best way....
www.acct567.com