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Please do the following I and II, Save I as ACC410_Wk4 and ACC410_WK5 as II make sure to check right answers well, please. - Used the link for the web...

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Please do the following I and II, Save I as ACC410_Wk4 and ACC410_WK5 as II make sure to check right answers well, please. - Used the link for the web -https://www.osc.nc.gov/public-information/2023-annual-comprehensive-financial-reportand open the web ebook- Government and Not-for-Profit Accounting: Concepts and Practices, Enhanced eText-https://strayer.vitalsource.com/reader/books/ XXXXXXXXXX/epubcfi/6/4[%3Bvnd.vst.idref%3DAnavigation]!/4- login - - username XXXXXXXXXX and password - Jeannemarie75@



I. ACC410_WK4





  • Exercise 5-5.



  • Continuing Problem (questions 1 through 9). Use the ACFR assigned by your professor and downloaded in Week 1.








II. Acc410_WK5








Chapter 6





  • Continuing Problem (questions 1 through 5). Use the ACFR assigned by your professor and downloaded in Week 1.



  • Exercise 6-1.



  • Problem 6-1.



Chapter 8





  • Exercise 8-3.



  • Continuing Problem (questions 1 through 8). Use the ACFR assigned by your professor, which you downloaded in Week 1.






Answered 3 days After Jul 15, 2024

Solution

Prince answered on Jul 19 2024
5 Votes
ACC410 - Government and Not-for-Profit Accounting
Week 4 Homework Submission Sheet
Name: ___________________________________
    Homework Due
    Points Possible
    Points Received
    Exercise 5-5
    4
    
    Continuing
    8
    
Chapter 5:
Exercise 5-5, textbook page 225.
(Compute the following, showing computations.)
a. Fund balance, non-spendable (inventory), December 31:
    Amount
    Computations
    $250
    Beginning Balance + Supplies received – Supplies used = Ending Balance
= 170+3360-3280 = $250
. Fund balance, assigned (encumbered), December 31:
    Amount
    Computations
    $40
    Beginning Balance + Encum
ances – Supplies Received = Ending Balance
= 240+3160-3360 = $40
c. Fund balance (unassigned), December 31:
    Amount
    Computations
    $580
    Beginning Balance + Rev – Exp – (Ending Balance, reserves – Beg Bal, reserves) = Ending Balance
= 400+3300-3360+240 = 580
Continuing Problem (Questions 1 through 9), textbook page 227. ACFR assigned by your professor is used for these questions.
(Enter the answer to the question in the blanks provided.)
1. Town classifies its governmental expenditure by function or object:
function         ___                                        
The classifications are approximately the same in...
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