acc 410 ch 10 11 homework
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ACC410
Week 7 homework - Chapter 10-11
Chapter 10
Problem 10-4
- a.Cash100,000
Pledges receivable20,000
Revenue120,000
Record contributions-special revenue fund
b. Supplies inventory30,000
Operating expenses85,000
Supplies expense30,000
Cash145,000
Record purchase and use of supplies-special revenue fund
c. Cash45,000
Investment revenue45,000
Record interest revenue-permanent fund
d. Investments30,000
Investment revenue-appreciation30,000
Record capital gains-permanent fund
e. Investments 3,000
Investment revenue-appreciation 3,000
Record capital gains-special revenue fund
f. Non reciprocal transfer45,000
Cash45,000
Record transfer to special revenue fund-permanent fund
Cash...
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