ACC 380 Week 1 Individual Assignment Government-Wide Statements Budgetary
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.
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, 2012. Northern Pines has no component units.
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, 2012.
Review the financial transactions pertaining to the City of Springfield in problem 3-12 on pages 82 and 83.
1. Record the transactions using appropriate journal entries.
2. Prepare a budgetary comparison schedule for the General Fund.