Top Class GPA

Distinguish between Capital Projects Funds (CPF), Debt Service Funds (DSF) Leased Assets and Permanent Funds.

Zohpius
Share :

Accounting
Question 1:
Q1.The council of the Town of Tulia approved the 2023 budget as follows:
Budgeted 2023 revenues from:
Property taxes $5,000,000
Sales taxes $1,000,000
Appropriations for 2023:
Salaries $4,600,000
Materials $1,200,000
Equipment $100,000

During 2023, the town’s mayor presented the council with a budget revision to increase the amount of appropriation for salaries by $10,000. The council approved this budget revision.
Required:
Prepare the general journal entry necessary to initially record the budget.
Prepare the general journal entry necessary to record the budget revision.

Question 2: (5 Marks)
Q.2 Distinguish between Capital Projects Funds (CPF), Debt Service Funds (DSF) Leased Assets and Permanent Funds.

Question 3: (5 Marks)
What do you mean by Activities Disscuss all Types of with details examples.

Share :

Latest News

Discover your perfect program in our courses.

Browse All
Uncategorized
Choose to discuss geographic, social, technological, economic, or political change, but make sure that you include specific events and people who were connected to the changes that you have identified and dates/time frame. What were the effects/consequences of these changes on individuals, regions, and the nation as a whole?
Uncategorized
Compare and contrast the four frameworks (Strategic Alignment Model, The Amsterdam Information Model, The DAMA-DMBOK Framework including Evolved  and the DMBOK Pyramid noted towards the end of chapter 1. Specifically discuss the advantages and disadvantages of each.
Business
Discuss five of your observed behaviors. Were they beneficial, detrimental, mixed? What patterns did you see from your antecedents that lead to either positive or negative behavior? How could you conscientiously change your antecedent to limit detrimental behavior?