Identify appropriate fund an actual state

Assignment Help Accounting Basics
Reference no: EM132440980

Question - Identify Appropriate Fund An actual state or local government engages in each of the activities described below.

1. Accounts for revenue from a one half cent sales tax levied to fund transit projects which are part of the 2025 Integrated Transit/Land Use Plan for the county.

2. Accounts for the construction and renovation of School facilities, land acquisition along with parks and greenways, and also the construction and renovation of the county community college.

3. Accounts for solid waste disposal and recycling services to residents who pay a fee for the services.

4. Accounts for assets held by the county for employee flex spending, social service and jail clients.

5. Accounts for revenue received from a one cent restaurant tax, 3½% hotel tax, and football admission gross receipts and expenditures made to promote convention and tourism activities.

6. Accounts for the 10% of collected fees which are required by law to be expended for computer and imaging technology for the Register of Deeds office.

7. Accounts for the contributions, claims and administrative costs of providing healthcare benefits to county retirees who have met the requirements to receive the benefit upon retirement.

8. Accounts for fuel services provided to other funds.

9. Accounts for the additional property taxes for fire protection service districts, which are levied on residents in the unincorporated areas of the county.

10. Accounts for contributions, revenues and expenditures for perpetual maintenance of the municipal Memorial Park cemetery. Fund principal must be maintained.

Required: Indicate the type of fund in which each activity is recorded by the state or local government.

Reference no: EM132440980

Questions Cloud

How it applies to globalization : "Global Car Industry Runs on NAFTA," Wall Street Journal, Nov.11, 2016 For this article, itemize how the various companies interact with NAFTA
Interpret the confidence interval for the mean : The sample mean and standard deviation were 25 minutes and 10 minutes, respectively. Construct and interpret the 95% confidence interval for the mean.
Find the probability of having exactly 15 patients : Find the probability of having exactly 15 patients helped in a given group.
Determine the probability that both are comedies : If two DVDs are selected from the box with replacement, determine the probability that both are comedies.
Identify appropriate fund an actual state : Question - Identify Appropriate Fund An actual state or local government engages in each of the activities described
Write a research paper about child abuse : Write a research paper about child abuse
Discuss items you ask the superintendent for clarification : Assume there is no public high school in your community, review some of the alternative choices or options that would fit your criteria for a high school.
What is the standard deviation of normal distribution : A normal distribution has a mean equal to 58. What is the standard deviation of this normal distribution if 2.5% of the proportion under
Discuss the improving senior food and nutrition security : Discuss the Improving senior food and nutrition security, Explain and discuss the means the regarding food/nutrition security

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd