This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A data model depicts the requirements for data as specified by the: a. database b. enterprise c. ... (Read 165 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
on: Jul 5, 2018
A data model depicts the requirements for data as specified by the:
 a. database
  b. enterprise
  c. user
  d. database administrator

Question 2

(Preparing entries to close a Capital Projects Fund) see p. 195 uses close not abolish
 
  You are the Finance Director of the Town of Blue Mountain.
 
  Presented below is the trial balance for a Capital Projects Fund of the Town at October 31, 2013 . The Town Engineer has advised you that the project accounted for within this fund, a new system of bicycle trails, is complete and formal acceptance by the Town is pending. The Town Council has directed you to abolish this fund and transfer any remaining net assets to the Town's Debt Service Fund. Prepare the entries necessary to settle the remaining liabilities of the fund, close the accounts, and transfer the remaining net assets to the Debt Service Fund.
  .
  Town of Blue Mountain
  Capital Projects Fund
  Preclosing Trial Balance
  October 31, 2013
 
  Debits
  Credits
 
  Cash
   70,160
 
  Vouchers payable
 
   24,450
 
  Retainage percentage
 
  42,750
 
  Restricted fund balance
 
  117,285
 
  Revenues - interest
 
  50,175
 
  Expenditures - capital outlay
   197,000
 
  Transfer in from General Fund
 
   32,500
 
   267,160
   267,160
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cadimas

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

Vouchers payable 24,450
Retainage payable 42,750
Cash 67,200

Revenues - interest 50,175
Transfer in from General Fund 32,500
Restricted fund balance 114,325
Expenditures - capital outlay 197,000

Transfer out to Debt Service Fund 2,960
Cash 2,960

Restricted fund balance 2,960
Transfer out to Debt Service Fund 2,960


ts19998

  • Member
  • Posts: 531
Reply 2 on: Jul 5, 2018
Excellent

sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Watson and Crick and their model of the DNA double helix Watson and Crick and their model of the DNA double helix
Lab: Amoeba Model Lab: Amoeba Model
Data management questions Data management questions
Model of GAL1 and GAL10 transcriptional activation Model of GAL1 and GAL10 transcriptional activation
A polygenic model for a threshold trait A polygenic model for a threshold trait
Model of the lactose operon repressor Model of the lactose operon repressor
Video: Causes of Angina

For a complete list of videos, visit our video library