30 May CC 380 Week 1 Assignment Government Wide Statements and Budgetary Comparison Schedule
Complete the following activities and submit your answers to your instructor in a Word document formatted to proper APA specifications. Include any relevant supporting computations and explanations.
Review the financial information pertaining to the City of Northern Pines in problem 2-8 on pages 52 and 53 of your text. Prepare, in good form, a Statement of Activities for the city of Northern Pines for the year ended June 30, 2012. Northern Pines has no component units.
Part Two:
Review the financial information pertaining to the city of Eastern Shores in problem 2-9 on page 53 of your text. From the information given, prepare in good form, a General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances for the city of Eastern Shores General Fund for the Year Ended September 30, 2012.
Part Three:
Review the financial transactions pertaining to the City of Springfield in problem 3-12 on pages 82 and 83.
1. Record the transactions using appropriate journal entries.
2. Prepare a budgetary comparison schedule for the General Fund.
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