Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Harvey city comprehensive case solutions

05/11/2020 Client: papadok01 Deadline: 3 days

a. Prepare a worksheet for the Police and Fire Pension Trust Fund similar to the General Fund worksheet you created in Chapter 4. Enter the effects of the following transactions and events in the appropriate columns of the worksheet. (A different solution approach may be used if desired by your professor.)

b. Enter the preclosing trial balance in the appropriate worksheet columns.

c. Enter the preclosing trial balance amounts in the closing entry (operating statement data) and postclosing trial balance (balance sheet data) columns, as appropriate.

d. Prepare the 20X4 Statement of Changes in Net Position for the Police and Fire Pension Trust Fund.

e. Prepare the year-end 20X4 Statement of Net Position for the Police and Fire Pension Trust Fund. (Freeman 509)
Freeman, Robert J., Craig Shoulders, Gregory Allison, G. Smith, Jr.. Governmental and Nonprofit Accounting, 10th Edition. Pearson Learning Solutions, 7/2012. VitalBook file.

BEGINNING 20X4 TRIAL BALANCE

The January 1, 20X4, trial balance for the Harvey City Police and Fire Pension Trust Fund is presented here:

Harvey City

Police and Fire Pension Trust Fund

Trial Balance

January 1, 20X4

Debit

Credit

Cash

$ 120,000

Investments

1,271,800

Accrued Interest Receivable

8,600

Due to Resigned Employees

$ 400

Net Position—Restricted for Pension Benefits

1,400,000

Totals

$1,400,400

$1,400,400

TRANSACTIONS AND EVENTS—20X4

1. Employer contributions of $60,200 were received from the General Fund by the Police and Fire Pension Trust Fund, which is administered by the city.

2. The city purchased investments costing $60,200 for the Police and Fire Pension Trust Fund with the contributions.

3. Refunds of $9,000, which included $400 accrued at the end of 20X3, were paid to terminated employees. The amounts refunded relate to contributions made by the terminated employees prior to 20X3 when the city increased its contributions and eliminated the requirement for employee contributions.

4. Administrative costs of $9,400 were incurred during the fiscal year. Of this amount, $8,700 was paid.

5. Retirement benefits of $78,000 were paid to retirees. Another $1,000 of retirement benefit payments was accrued at year end.

6. The accrued interest receivable of $8,600 from last year plus $60,000 of current year interest revenues were received.

7. Interest at year end was accrued, $65,000. The fair value of investments increased by $17,000. (Freeman 509)
Freeman, Robert J., Craig Shoulders, Gregory Allison, G. Smith, Jr.. Governmental and Nonprofit Accounting, 10th Edition. Pearson Learning Solutions, 7/2012. VitalBook file.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Finance Homework Help
Coursework Help Online
Writer Writer Name Offer Chat
Finance Homework Help

ONLINE

Finance Homework Help

Hey, I have gone through your job posting and become very much interested in working with you.I can deliver professional content as per your requirements. I am a multi-skilled person with sound proficiency in the English language for being a native writer who worked on several similar projects of content writing and can deliver quality content to tight deadlines. I am available for both online and offline writing jobs with the promise of offering an incredibly responsive and supreme level of customer service. Thanks!

$55 Chat With Writer
Coursework Help Online

ONLINE

Coursework Help Online

Hey, I have gone through your job posting and become very much interested in working with you.I can deliver professional content as per your requirements. I am a multi-skilled person with sound proficiency in the English language for being a native writer who worked on several similar projects of content writing and can deliver quality content to tight deadlines. I am available for both online and offline writing jobs with the promise of offering an incredibly responsive and supreme level of customer service. Thanks!

$55 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Neal gabler the social networks - Which one of the following metals has the highest density - Proj 592 course project - Health belief model video - Transcutaneous pacing electrical capture - Gel cell charger circuit - Critical issues in education dialogues and dialectics 8th edition - Rosella tomato soup woolworths - Addictive Disorders - A white heron characters - Writing assignment - Rsgb exam reference data booklet - Cuso4 + bacl2 precipitate - Follow up discussion - 85.8 kg to lbs - MM group - The thief by ruskin bond question answers - Importance of imago dei in healthcare - Grid connected pv systems design only - Acid rain bbc bitesize - Nt cardiac phone number - The shaw family is building a patio - Orthopaedics sa central districts - 3 page paper - Editing symbols for writing - HIMA350 Week 2 Assignment - RESEARCH PAPER - Hierarchy structure of tata steel - Production cost analysis and estimation applied problems - Joe brainard i remember pdf - 1600 word count between all questions 4 scholarly sources. With on the last question Locate one recent (last 7 years) scholarly and peer reviewed journal r - What role should external factors of demand play in successful business models? - Cross exchange rate problems and solutions - Van der rhee pigeons - William wallace primary sources - Organizations invest heavily in information systems to improve customer service - Too big to fail movie analysis - Boy in the striped pajamas book summary - Phi 445 week 1 quiz - Brilliant Answers - Then morris gleitzman teaching resources - N per square mm to mpa - Assignment 2 analysis on food security - 1 million steps in km - Cacl2 na2co3 net ionic equation - Catch 22 character map - Natural Stone Wall Carving | EarthStona - PhD topic approval - Santander mortgage documents required - Goodwill niagara falls - What is logical function in excel - Chestnut hill hospital volunteer - How heat is transferred when a solid sublimes - Finding Your Purpose - How to harvard reference the eyfs - Invictus poem that inspired a nation - The sports model project - A gong or other effective audible warning - Victoria to putney bridge - Team Business Purpose Analysis - WEEK5 PROJECT HSC4021 HEALTH PROMOTION AND WELLNESS - Discussion - Rank the following radicals in order of decreasing stability - Agrium advanced technologies u s inc - Lil wayne lighter flick sound effect download - How many letters are in alphabet - Actron air zone controller - Critical review conclusion example - Unit 7 DB - Analyzing creon's speech figurative language - Torque for m12 bolt - Microeconomics - Dbmv to dbm calculator - When spending large amounts to purchase advertising - Hello, i need this task done - Logical and mathematical intelligence - Feast watson floor clear - Www esciencelabs com user register - Strategic management text and cases 9th edition - Workshop-3 vocabulary - Henry ossawa tanner's the banjo lesson creates emphasis through - Lab: CSI Wildlife, Case 2 - Physics homeworke - Discussion due in 24 hours - Waris dirie story reader's digest - The runaway racehorse comprehension questions - Bird beak experiment worksheet - Dale carnegie secrets of success - Migraine soap note plan - Scavenger hunt biology - Sikhism cosmogony origin of the universe - Minimum wage interest groups - Add arp for leases - HW - Tssm creating vce success - The inn of lost time questions - Peer response - Project administration handbook for civil engineering works - Gledhill thermal store problems - Fundamentals of corporate finance 7th edition mcgraw hill pdf