+1-415-670-9189
info@expertsmind.com
What top three biggest assets are reported for general fund
Course:- Financial Accounting
Reference No.:- EM131215204




Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Financial Accounting

City of Erie 2015

1. How does the audit opinion given to this city by its independent auditors differ from the audit opinion rendered on the financial statements for a for-profit business?

2. A reconciliation should be presented to explain the difference between the net changes in fund balances for the governmental funds (fund financial statements) and the change in net position for the governmental activities (government-wide financial statements). List three reconciliation elements and their $

3. What were the city of Erie's top 3 largest sources of general revenues? (List 3 sources and numbers)

4. What was the total amount of expenditures recorded by the general fund during the period? How were those expenditures classified?

5. What top 3 biggest assets are reported for the general fund? (List3 sources and numbers)

6. Review the notes to the financial statements and then determine the number of days the government uses to define the end-of-year financial resources that are viewed as currently available.

7. Did the size of the general fund balance increase or decrease during the most recent year and by how much?




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Financial Accounting) Materials
Tsunami Sushi purchases $130,000 of 5-year, 6% bonds from Deep Sea Explorers, on January 1. Management intends to hold the debt securities to maturity. For bonds of similar ri
Cost of investment is $200,000. Estimated cash flow are $50,000 per year for 3 years and then $500,000 per year for 3 years. Assume each cash flow is received evenly throughou
Which of the four approaches to setting a price does Carmex use for its products? Should one approach be used exclusively? Why do many Carmex product prices end in 9? What typ
J.D. was allocated $10,000 of ordinary income from Clampett, Inc. and no separately stated items. What is J.D.'s basis in his Clampett, Inc. stock after all transactions in
You have just been hired as an assistant plant manager. The plant manager told you that, although production quantities vary widely from one month to another, the company has
Classify each of the costs as a capital expenditure or a revenue expenditure. For those costs identified as capital expenditures, classify each as an additional or replaceme
On July 1, 2016, Pat Glenn established Half Moon Realty. Pat completed the following transactions during the month of July. A. Opened a business bank account with a deposit of
Identify one of the gross income inclusions. Why or why not? You can approach this question from an economic, social, revenue, or political perspective.