Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition 6 doc

Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_1 ppt

Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_1 ppt

... 2/1/10 6: 56: 30 PM2/1/10 6: 56: 30 PM Apago PDF Enhancer ESSENTIALS OF ACCOUNTING FOR GOVERNMENTAL AND NOT -FOR- PROFIT ORGANIZATIONS, TENTH EDITION Published by McGraw-Hill/Irwin, a business unit of ... TO ACCOUNTING AND FINANCIAL REPORTING FOR GOVERNMENTAL AND NOT -FOR- PROFIT ORGANIZATIONS 1 Generally Accepted Accounting Principles 3 Objectives of Acc...
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Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_3 pptx

Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_3 pptx

... categories of reserved and unreserved. The standard affects only the equity section of the balance sheet of governmental funds. It does not change the reporting of net assets of proprietary and fiduciary ... recreation, $91 ,60 0 for sanitation, and $157,333 for streets and sidewalks. There are no outstanding encum- brances at year-end. 1. Prepare a budgetary comp...
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Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_4 pdf

Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_4 pdf

... withholdings and $68 6,000 due to the federal government ($430,000 for federal income tax withholdings and $2 56, 000 for the employees’ share of FICA and Medicare taxes). Assuming the liability for net pay ... liable for the employer’s share of FICA tax and Medicare tax ($2 56, 000) and for contributions to additional retirement funds established by state law (as...
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Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_6 doc

Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_6 doc

... bottom of Illustration 2–11 for an ex- ample). A similar requirement exists for cash flow statements prepared for com- mercial businesses and private not -for- profit organizations. Accounting for ... interfund premium of 6 percent of wages and salaries is adequate. 6 11. The City of Evansville operated a summer camp program for at-risk youth. Businesses and n...
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Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_9 pdf

Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_9 pdf

... accrual accounting for debt, including accrual of interest and amortization of debt discount and premium. Colleges often issue tuition discounts and other forms of financial aid. Some of this ... cop2705X_Ch08_220- 266 .indd 266 cop2705X_Ch08_220- 266 .indd 266 2/1/10 5:53:28 PM2/1/10 5:53:28 PM Apago PDF Enhancer 262 Chapter 8 Noncurrent assets Land 7,230,000 Buildi...
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Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_12 pot

Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_12 pot

... Liabilities and Net Assets 2012 $ 2,930 12,1 06 7,150 500 22 ,68 6 1 ,62 0 19 ,68 0 11,400 $55,3 86 $ 900 1,000 1,000 2,900 9,800 12,700 1 ,62 0 14, 866 16, 4 86 14 ,65 0 11,550 42 ,68 6 $55,3 86 2011 $ ... from those of private organizations. cop2705X_Ch12_ 362 -385.indd 366 cop2705X_Ch12_ 362 -385.indd 366 2/1/10 6: 21:40 PM2/1/10 6: 21:40 PM Apago PDF Enhancer Acco...
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Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_13 potx

Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_13 potx

... December 31 $ 5 ,61 5,000 $1,155,000 $1, 464 ,500 $ 968 ,000 STATEMENT OF NET ASSETS ABC Not -for- profit XYZ Not -for- profit Current assets Cash $ 105,000 $ 2 56, 000 Short-term investments 365 ,000 99,000 ... preparation of financial state- ments by state and local governments and a variety of not -for- profit organizations. Now we will focus on the use of financial...
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Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_14 doc

Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_14 doc

... endowments. net assets—unrestricted (governmental and not -for- profit) Used in accounting for govern- mental and not -for- profit organizations indicating that portion of net assets that is unrestricted. ... Audits of Not -for- Profit Organizations, which provides guid- ance for private-sector colleges and universities, vol- untary health and welfare organizatio...
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Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_15 pot

Essentials of Accounting for Governmental and Not-for-Profit Organizations 10th Edition_15 pot

... Organizations, 337, 363 Audit and Accounting Guide: Health Care Organizations, 273 Audit and Accounting Guide: Not -for- Profit Organizations, 6 Audit and Accounting Guide: State and Local Governments, ... limitation, 366 Assigned fund balances, 60 , 104 Attestation engagements activities, 388 types, 388 Audit and Accounting Guide: Not -for- Profit Or...
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Test Bank for Essentials of Accounting for Governmental_1 doc

Test Bank for Essentials of Accounting for Governmental_1 doc

... section of the balance sheet of governmental funds. It does not change the reporting of net assets of proprietary and fiduciary funds or the government-wide Statement of Net Assets. The new standard ... recreation, $91 ,60 0 for sanitation, and $157,333 for streets and sidewalks. There are no outstanding encum- brances at year-end. 1. Prepare a budgetary compariso...
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