The City of Abernathy, NY is a quiet town in upstate New York that is sixty miles east of Buffalo. - Business & Finance
The City of Abernathy, NY is a quiet town in upstate New York that is sixty miles east of Buffalo. The town operates a general fund, capital projects fund, debt service fund, and a special revenues fund. The fiscal year end is December 31. The City is about to begin the 2018 fiscal year (FY 2018) set to begin January 1, 2018 and ending December 31, 2018.Instructions: For each question below, provide the journal entry(ies) for each selected transaction for the specific fund indicated. No subsidiary journal entries will be required. During fiscal year (FY 2017), on October 1, 2017, the City of Abernathys capital projects fund issued $1,800,000 of 20-year serial bonds, bearing a 5\% stated rate per year with interest payable on October 1st and April 1st of each fiscal year. In addition, each year on April 1, a principal redemption of $90,000 is paid to bondholders of record. The bond proceeds were used in late 2017 to partially finance the construction of a new building for a truck weight station that will be used to measure transport weight and cargo holdings for trucks on Interstate 95. The remaining monies are expected in February 2018 from the U.S. Department of Transportation as part of the federal stimulus legislation (The American Recovery and Reinvestment Act of 2009, P.L. 111-5) in the amount of $620,000, which will be received in the Special Revenues Fund and then transferred to the Capital Projects Fund. The total construction costs are estimated at $2,420,000 and will take less than five months to construct. The project commenced construction in FY 2018. On April 1, 2017, prior to the serial bond issuance, Abernathy needed seed monies to initiate the construction of the weigh station and borrowed $100,000 of bond anticipation notes with an interest rate of 8.25\%. These bond anticipation notes (BAN) were borrowed from J.P. Morgan Chase and were expected to be repaid in entirety, plus interest, with proceeds of the serial bonds issued later that year.April 1, 2017. CAPITAL PROJECTS FUND. Record the issuance of the bond anticipation notes in the Capital Projects Fund: April 1, 2017. Government-wide (Governmental Activities). Record the issuance of the bond anticipation notes at the government-wide level: 8 October 1, 2017. CAPITAL PROJECTS FUND. Record the issuance of the $1,800,000 serial bond proceeds in the Capital Projects Fund: October 1, 2017. Government-wide (Governmental Activities). Record the issuance of the $1,800,000 serial bond proceeds at the government-wide level: October 1, 2017. CAPITAL PROJECTS FUND. Record the repayment of the bond anticipation notes and interest in the Capital Projects Fund: October 1, 2017. Government-wide (Governmental Activities). Record the repayment of the bond anticipation notes and interest at the government-wide level: December 18, 2017. CAPITAL PROJECTS FUND. Purchase orders were placed in the amount of $77,000 to order supplies to begin the construction of the weigh station. Record the issuance of the purchase orders in the Capital Projects Fund: December 31, 2017. Government-wide (Governmental Activities). Record the interest accrual for the serial bonds at the government-wide level: 9 DEBT SERVICES FUND. The serial bonds are to be serviced by the debt service fund. The bond interest and debt service is expected to be financed by property taxes. Below is the debt service fund trial balance at December 31, 2017, which consists of only $2,000 in cash:Debit Credit Cash 2,000 $ Fund Balance--Restricted 2,000 $January 1, 2018. DEBT SERVICES FUND. The budget is adopted by the debt service fund for the fiscal year. Appropriations of $177,750 equal two (2) bond interest expenditures for FY 2018 and one (1) principal reduction payment. Estimated revenues of $180,000 are from property taxes. Record the adoption of the budget in the Debt Services Fund: CAPITAL PROJECTS FUND. Below is the post-closing trial balance at December 31, 2017 for the Capital Projects Fund. In FY 2018, there was minimal construction activity since the building permit was not issued until late December. Debit Credit Cash 1,695,875 $ Fund Balance--Assigned 77,000 $ Fund Balance--Restricted 1,618,875January 18, 2018. CAPITAL PROJECTS FUND. The outstanding orders (encumbrances) made at the end of FY 2017 that were estimated then to cost $77,000 for construction supplies were 100 \% received on January 18, 2018 at an actual cost of $78,013. Journalize the necessary entry(ies) to record the receipt of goods in the capital projects fund: 10 January 20, 2018. CAPITAL PROJECTS FUND. Journalize the expenditure of the construction supplies and payment from the January 18th invoice in the capital projects fund: January 20, 2018. Government-wide (Governmental Activities). Record the January 20th construction costs and payment at the government-wide level: January 22, 2018. CAPITAL PROJECTS FUND. During late December, contract bids were submitted and on January 22nd, a contractor was hired for $2,420,000. Record the contract in the capital projects fund: February 5, 2018. DEBT SERVICE FUND. Property taxes were assessed with the net tax levy estimated at $180,000; approximately 2 percent of the gross levy is estimated as uncollectible. The taxes are due on March 28, 2018. Journalize the assessment of the taxes in the Debt Service Fund: 11 February 15, 2018. SPECIAL REVENUES FUND. At the end of 2017, the U.S. Justice Department informed the City of Abernathy that it was going to receive $620,000 from the federal stimulus monies to be used as partial payment for the construction of the new police station. No journal entry was recorded in FY 2017. On February 15, 2018, the cash was received from the federal government and was recorded in the Special Revenues Fund. These funds deposited into the Special Revenues Fund will later be transferred to the Capital Projects Fund. Journalize the entry to the record the receipt of the stimulus funds from the federal government in the Special Revenues Fund: February 28, 2018. SPECIAL REVENUES FUND. The federal grant monies received on February 15, 2018 are all transferred from the Special Revenues Fund to the Capital Projects Fund. 1. Journalize the transfer of the grant monies in the SPECIAL REVENUES FUND to the Capital Projects Fund:2. Journalize the receipt of the grant monies in the CAPITAL PROJECTS FUND transferred from the Special Revenues Fund:March 19, 2018. CAPITAL PROJECTS FUND. The contractor submitted an invoice requesting payment for 1/2 of the work that had been completed. Journalize the receipt and expenditure and liability of the invoice in the Capital Projects Fund: 1. Journalize the receipt of the invoice: 2. Journalize the expenditure and liability: 12 March 19, 2018. Government-wide (Governmental Activities). Journalize the March 19th invoice at the government-wide level: March 21, 2018. CAPITAL PROJECTS FUND. Journalize the payment of the March 19th vouchers payable in the Capital Projects Fund: March 28, 2018. DEBT SERVICE FUND. Actual tax collections totaled $176,500. Journalize the collection of the taxes in the Debt Service Fund: March 29, 2018. DEBT SERVICE FUND. The remaining Taxes Receivable balance is delinquent. Journalize the entry to reclassify the current taxes to delinquent taxes in the Debt Service Fund: April 1, 2018. DEBT SERVICE FUND. Journalize the required semi-annual interest payment and principal reduction in the Debt Service Fund: 13 April 1, 2018. Government-wide (Governmental Activities): Journalize the required semi-annual interest payment and principal reduction at the government-wide level: August 12, 2018. CAPITAL PROJECTS FUND. The contractor submitted an invoice for the remainder of the construction work that was completed on August 10, 2018. Journalize the entries for the receipt and expenditure and liability of the invoice in the Capital Projects Fund: 1. Journalize the receipt of the invoice: 2. Journalize the expenditure and liability: August 12, 2018. Government-wide (Governmental Activities). Journalize contractors final invoice at the government-wide level: September 2, 2018. CAPITAL PROJECTS FUND. Only 80 percent of the final construction invoice submitted on August 10th was approved for payment and disbursed on September 2nd. Twenty percent of the final payment will be withheld as a retained percentage and disbursed after final inspections have been cleared. Journalize the payment and the retained percentage in the Capital Projects Fund: 14 September 15, 2018. GENERAL FUND. The City of Abernathy billed the Abernathy Water Utility, which is accounted for as an enterprise fund, for police, fire, and other governmental services provided in the amount of $45,000. Journalize the entry for the invoice billing in the General Fund: September 23, 2018. Government-wide (Governmental Activities). The composition of construction costs of the building are listed below, which exceeded the budgeted construction costs. This was largely due to the contractor adding interest costs during the construction phase, which had never been journalized in the Capital Projects Fund or at the government-wide level. An occupancy certificate was issued on this date and the building was properly placed into service. Journalize the entry to place the building into service at the government-wide level: Materials 1,100,000 $ Labor 1,120,000 Overhead Costs 200,000 Interest during construction 65,000 Total Construction Costs 2,485,000 $ 15 October 1, 2018. DEBT SERVICE FUND. Journalize the required semi-annual interest payment in the Debt Service Fund: October 1, 2018. Government-wide (Governmental Activities): Journalize the required semi-annual interest payment at the government-wide level: December 31, 2018. Government-wide (Governmental Activities). Record the adjusting entry at the government-wide level to journalize accrued interest at December 31, 2018: 16 December 31, 2018. DEBT SERVICES FUND. Below is the December 31, 2018 trial balance for the Debt Service Fund. Prepare the closing entries in proper form in the Debt Services Fund (NOTE: create a single closing entry—do not separate budgetary from other nominal funds): Debit Credit Cash 750 $ Taxes Receivable--Delinquent 7,173 Estimated Uncollectible Del. Taxes 3,673 $ Fund Balance--Restricted 2,000 Expenditures--Interest 87,750 Expenditures--Bond Principal 90,000 Revenues--Property Taxes 180,000 Estimated Revenues 180,000 Appropriations 177,750 Budgetary Fund Balance 2,250 Totals 365,673 $ 365,673 $ 17 Problem III. (10 points possible). Using the trial balance above, create a Statement of Revenues, Expenditures, and Changes in Fund Balance for the Debt Services Fund of the City of Abernathy, NY for the year ended, December 31, 2018.
CATEGORIES
Economics Nursing Applied Sciences Psychology Science Management Computer Science Human Resource Management Accounting Information Systems English Anatomy Operations Management Sociology Literature Education Business & Finance Marketing Engineering Statistics Biology Political Science Reading History Financial markets Philosophy Mathematics Law Criminal Architecture and Design Government Social Science World history Chemistry Humanities Business Finance Writing Programming Telecommunications Engineering Geography Physics Spanish ach e. Embedded Entrepreneurship f. Three Social Entrepreneurship Models g. Social-Founder Identity h. Micros-enterprise Development Outcomes Subset 2. Indigenous Entrepreneurship Approaches (Outside of Canada) a. Indigenous Australian Entrepreneurs Exami Calculus (people influence of  others) processes that you perceived occurs in this specific Institution Select one of the forms of stratification highlighted (focus on inter the intersectionalities  of these three) to reflect and analyze the potential ways these ( American history Pharmacology Ancient history . Also Numerical analysis Environmental science Electrical Engineering Precalculus Physiology Civil Engineering Electronic Engineering ness Horizons Algebra Geology Physical chemistry nt When considering both O lassrooms Civil Probability ions Identify a specific consumer product that you or your family have used for quite some time. This might be a branded smartphone (if you have used several versions over the years) or the court to consider in its deliberations. Locard’s exchange principle argues that during the commission of a crime Chemical Engineering Ecology aragraphs (meaning 25 sentences or more). Your assignment may be more than 5 paragraphs but not less. INSTRUCTIONS:  To access the FNU Online Library for journals and articles you can go the FNU library link here:  https://www.fnu.edu/library/ In order to n that draws upon the theoretical reading to explain and contextualize the design choices. Be sure to directly quote or paraphrase the reading ce to the vaccine. Your campaign must educate and inform the audience on the benefits but also create for safe and open dialogue. A key metric of your campaign will be the direct increase in numbers.  Key outcomes: The approach that you take must be clear Mechanical Engineering Organic chemistry Geometry nment Topic You will need to pick one topic for your project (5 pts) Literature search You will need to perform a literature search for your topic Geophysics you been involved with a company doing a redesign of business processes Communication on Customer Relations. Discuss how two-way communication on social media channels impacts businesses both positively and negatively. Provide any personal examples from your experience od pressure and hypertension via a community-wide intervention that targets the problem across the lifespan (i.e. includes all ages). Develop a community-wide intervention to reduce elevated blood pressure and hypertension in the State of Alabama that in in body of the report Conclusions References (8 References Minimum) *** Words count = 2000 words. *** In-Text Citations and References using Harvard style. *** In Task section I’ve chose (Economic issues in overseas contracting)" Electromagnetism w or quality improvement; it was just all part of good nursing care.  The goal for quality improvement is to monitor patient outcomes using statistics for comparison to standards of care for different diseases e a 1 to 2 slide Microsoft PowerPoint presentation on the different models of case management.  Include speaker notes... .....Describe three different models of case management. visual representations of information. They can include numbers SSAY ame workbook for all 3 milestones. You do not need to download a new copy for Milestones 2 or 3. When you submit Milestone 3 pages): Provide a description of an existing intervention in Canada making the appropriate buying decisions in an ethical and professional manner. Topic: Purchasing and Technology You read about blockchain ledger technology. Now do some additional research out on the Internet and share your URL with the rest of the class be aware of which features their competitors are opting to include so the product development teams can design similar or enhanced features to attract more of the market. The more unique low (The Top Health Industry Trends to Watch in 2015) to assist you with this discussion.         https://youtu.be/fRym_jyuBc0 Next year the $2.8 trillion U.S. healthcare industry will   finally begin to look and feel more like the rest of the business wo evidence-based primary care curriculum. Throughout your nurse practitioner program Vignette Understanding Gender Fluidity Providing Inclusive Quality Care Affirming Clinical Encounters Conclusion References Nurse Practitioner Knowledge Mechanics and word limit is unit as a guide only. The assessment may be re-attempted on two further occasions (maximum three attempts in total). All assessments must be resubmitted 3 days within receiving your unsatisfactory grade. You must clearly indicate “Re-su Trigonometry Article writing Other 5. June 29 After the components sending to the manufacturing house 1. In 1972 the Furman v. Georgia case resulted in a decision that would put action into motion. Furman was originally sentenced to death because of a murder he committed in Georgia but the court debated whether or not this was a violation of his 8th amend One of the first conflicts that would need to be investigated would be whether the human service professional followed the responsibility to client ethical standard.  While developing a relationship with client it is important to clarify that if danger or Ethical behavior is a critical topic in the workplace because the impact of it can make or break a business No matter which type of health care organization With a direct sale During the pandemic Computers are being used to monitor the spread of outbreaks in different areas of the world and with this record 3. Furman v. Georgia is a U.S Supreme Court case that resolves around the Eighth Amendments ban on cruel and unsual punishment in death penalty cases. The Furman v. Georgia case was based on Furman being convicted of murder in Georgia. Furman was caught i One major ethical conflict that may arise in my investigation is the Responsibility to Client in both Standard 3 and Standard 4 of the Ethical Standards for Human Service Professionals (2015).  Making sure we do not disclose information without consent ev 4. Identify two examples of real world problems that you have observed in your personal Summary & Evaluation: Reference & 188. Academic Search Ultimate Ethics We can mention at least one example of how the violation of ethical standards can be prevented. Many organizations promote ethical self-regulation by creating moral codes to help direct their business activities *DDB is used for the first three years For example The inbound logistics for William Instrument refer to purchase components from various electronic firms. During the purchase process William need to consider the quality and price of the components. In this case 4. A U.S. Supreme Court case known as Furman v. Georgia (1972) is a landmark case that involved Eighth Amendment’s ban of unusual and cruel punishment in death penalty cases (Furman v. Georgia (1972) With covid coming into place In my opinion with Not necessarily all home buyers are the same! When you choose to work with we buy ugly houses Baltimore & nationwide USA The ability to view ourselves from an unbiased perspective allows us to critically assess our personal strengths and weaknesses. This is an important step in the process of finding the right resources for our personal learning style. Ego and pride can be · By Day 1 of this week While you must form your answers to the questions below from our assigned reading material CliftonLarsonAllen LLP (2013) 5 The family dynamic is awkward at first since the most outgoing and straight forward person in the family in Linda Urien The most important benefit of my statistical analysis would be the accuracy with which I interpret the data. The greatest obstacle From a similar but larger point of view 4 In order to get the entire family to come back for another session I would suggest coming in on a day the restaurant is not open When seeking to identify a patient’s health condition After viewing the you tube videos on prayer Your paper must be at least two pages in length (not counting the title and reference pages) The word assimilate is negative to me. I believe everyone should learn about a country that they are going to live in. It doesnt mean that they have to believe that everything in America is better than where they came from. It means that they care enough Data collection Single Subject Chris is a social worker in a geriatric case management program located in a midsize Northeastern town. She has an MSW and is part of a team of case managers that likes to continuously improve on its practice. The team is currently using an I would start off with Linda on repeating her options for the child and going over what she is feeling with each option.  I would want to find out what she is afraid of.  I would avoid asking her any “why” questions because I want her to be in the here an Summarize the advantages and disadvantages of using an Internet site as means of collecting data for psychological research (Comp 2.1) 25.0\% Summarization of the advantages and disadvantages of using an Internet site as means of collecting data for psych Identify the type of research used in a chosen study Compose a 1 Optics effect relationship becomes more difficult—as the researcher cannot enact total control of another person even in an experimental environment. Social workers serve clients in highly complex real-world environments. Clients often implement recommended inte I think knowing more about you will allow you to be able to choose the right resources Be 4 pages in length soft MB-920 dumps review and documentation and high-quality listing pdf MB-920 braindumps also recommended and approved by Microsoft experts. The practical test g One thing you will need to do in college is learn how to find and use references. References support your ideas. College-level work must be supported by research. You are expected to do that for this paper. You will research Elaborate on any potential confounds or ethical concerns while participating in the psychological study 20.0\% Elaboration on any potential confounds or ethical concerns while participating in the psychological study is missing. Elaboration on any potenti 3 The first thing I would do in the family’s first session is develop a genogram of the family to get an idea of all the individuals who play a major role in Linda’s life. After establishing where each member is in relation to the family A Health in All Policies approach Note: The requirements outlined below correspond to the grading criteria in the scoring guide. At a minimum Chen Read Connecting Communities and Complexity: A Case Study in Creating the Conditions for Transformational Change Read Reflections on Cultural Humility Read A Basic Guide to ABCD Community Organizing Use the bolded black section and sub-section titles below to organize your paper. For each section Losinski forwarded the article on a priority basis to Mary Scott Losinksi wanted details on use of the ED at CGH. He asked the administrative resident