Question Details

[answered] Assignment 4 ACCT 321 Q 1 Define Pension and OPEB Plans? Q


Answer the questions in the attached word document


Assignment 4 ACCT 321 Q 1 Define Pension and OPEB Plans?

 

Q 2 Explain the difference between Defined Benefit Plan and Defined Contribution Plan of

 

Employer Government Pension and OPEB Accounting?

 

Q 3 Explain Financial Reporting Objectives of Governmental and Not-for-Profit Accounting?

 

Q 4. Describe the Minimum External Financial Reporting Requirements For Governmental and

 

Not-for-Profit Accounting?

 

Q5.Martin Township decides to construct a new city hall. Based on the following data,

 

prepare a statement of revenues, expenditures, and changes in fund balance for Martin

 

Township's Capital Projects Fund. All transactions occur within the calendar year 2013.

 

a.

 

b.

 

c.

 

d. The Fund starts and ends the year with a zero fund balance.

 

The Fund's financing sources for the city hall project were: long-term bond

 

proceeds - $5 million; operating transfer from the General Fund - $2 million; state

 

grant - $1 million; interest from the temporary investment of cash - $70,000.

 

Total outlays for constructing the new city hall were: construction costs $7,200,000; design and construction supervision fees - $600,000.

 

City laws require that, whenever bonds are used, any remaining difference

 

between total financing sources and construction costs must be transferred to

 

the Debt Service Fund. Therefore, $270,000 was transferred to the Debt Service

 

Fund.

 


Solution details:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Sep 18, 2020

PRICE: $15

Solution~0001005029.zip (25.37 KB)

Buy this answer for only: $15

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free copy from our tutoring website www.aceyourhomework.com (Deadline assured. Flexible pricing. TurnItIn Report provided)

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Sep 18, 2020

EXPERT

Tutor

ANSWER RATING

GET INSTANT HELP/h4>

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN YOUR SET DEADLINE.

Order Now