Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 29 Jul 2017 My Price 11.00

general obligation bonds

For each of the items below, identify which fund would be used to account for the item and provide a justification for your answer.

  1. A city government issued general obligation bonds to finance the con- struction of a new jail.

  2. 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.

  3. A county government expended $1 million to expand the water treatment plant.

  4. A donor provided investments totaling $4 million to create an endow- ment, the earnings of which will be used to provide scholarships.

  5. 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.

  6. A city government sold surplus street maintenance trucks for $10,000.

Answers

(5)
Status NEW Posted 29 Jul 2017 08:07 PM My Price 11.00

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