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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
For each of the items below, identify which fund would be used to account for the item and provide a justification for your answer.
A city government issued general obligation bonds to finance the con- struction of a new jail.
A state government collected a tax of $1.00 per pack of cigarettes which is (by law) required to be used to fund health and fitness programs in public schools.
A county government expended $1 million to expand the water treatment plant.
A donor provided investments totaling $4 million to create an endow- ment, the earnings of which will be used to provide scholarships.
A donor provided $50,000 to be used to purchase newspaper and maga- zine subscriptions for the public library. There is no requirement that the original principal may not be spent.
A city government sold surplus street maintenance trucks for $10,000.
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