SJC 2015_CAFR-1.pdf Q ST. JOHNS COUNTY, FLORIDA BALANCE SHEET-GOVERNMENTAL FUNDS September 30, 2015 St. Johns County Community Other General Transportation Redevelopment Governmental Governmental Funds ASSETS Trust Funds Equity in pooled cash and cash Investments Accounts and notes receivable (net of allowance for uncollectibles) Notes receivable S 25,564,656 2,304,434 S 20,804 30,711,687 58,601,581 07 463,868 25,357,773 31,198,759 50,907,336 1,105,035 448,450 60,773 2,434,739 2,002,123 1,959,864 2,218,389 748.450 238,773 2.484,320 2,204,662 3,340,936 272,977 319,337 177,893,293 308,617 804,737 300,000 127,910 t receivable Advances to other funds Due from other funds Due from other governments Inventory Other assets 50,090 49,581 136,640 1,094,042 225,318 65,899 260,489 S 59,193,902 47,659 47,062 83,299,320 TOTAL ASSETS LIABILITIES AND FUND BALANCES LIABILITIES 35,379,267 S 20,804 Accounts payable and $ 5,278,481 2,643,117$ accrued liabilities Customer deposits Advances from other funds Due to other funds Due to other governments 3,378 3,771,189 11,696,165 115 2484,320 2,997,718 2,067,079 490, 131 2.484,320 2,293,186 95,261 409,984 75,000 609,967 1,971,728 94,565 90 Unearned revenue 178,944 663,102 8,449,1 842,046 20,577,443 TOTAL LIABILITIES FUND BALANCES ble 2,883,189 290,808 274,899 347,659 67,183,188 225,361 8,751,261 (2.520.338) 3,505,747 67,486,832 225,361 1,047,447 5,050,463 12,836 32,291,596 Unas TOTAL FUND BALANCES TOTAL LIABILITIES AND FUND BALANCES 47,570,801 50 744 798 32 566,495 73.987 131 157 315,850 S 59,193,902 35,379,267$ 20,804 83,299,320 $177,893,293 The accompanying notes are an integral part of the financial statements Dashboard Calendar Notifications Inbox

Prepare the journal entries for the following transactions to consolidate financial statements from fund-level statements to government-wide statements. 1....An internal service fund had a loss of $50 2.....An internal service fund had interest expense of $30

Governmental funds report current financial resources. However, governmental funds may report some assets which are not current financial resources. Which of the assets below is acurrent financial resource at December 31, 2022?   A. An advance to an enterprise fund that is scheduled to be repaid in February, 2024. B. Due from other funds. ​C.​A and B.  ​D.​Neither A nor B.

Question You are provided with the following information relating to the Consolidated Fund for the year ended 31st December, 2019.   Debit Credit   GHC'000 GHc'000 Corporate taxes   200,000 Personal income taxes   120,000 Capital gain taxes and sundries   50,000 Taxes on general goods and services   180,000 Fees, fines and penalties   80,000 Investment income   20,000 Custom duties   250,000 Grants   150,000 Communication service taxes   100,000 Royalties   40,000 Established post 240,000   Casual labour 60,000   Travel and transport 70,000   Repairs and maintenance 50,000   13% Social security contribution 26,000   Gratuity and end of service benefit 168,000   State protocol 180,000   Independence Day celebration 205,000   Seminar and conferences 30,000   Probation 25,000   Property plant and equipment (at cost) 300,000   Infrastructure (at…

Question The following are the balances extracted from the public Accounts on the consolidated fund from the year ended 31 December 2016.                                                                                      GHS000   Direct Tax                                                               1044460 compensation of employee                                    808672 Goods and Services                                                404336 Non-financial Assets                                                134779 Indirect tax                                                              939556 Grants                                                                      28110 Interest Expenses                                                     398138 Social benefits                                                         238882 Other Expenses                                                        159255 Other revenue…

The following are the balances extracted from the public Accounts on the consolidated fund from the year ended 31 December 2016.                                                                                      GHS000   Direct Tax                                                               1044460 compensation of employee                                    808672 Goods and Services                                                404336 Non-financial Assets                                                134779 Indirect tax                                                              939556 Grants                                                                      28110 Interest Expenses                                                     398138 Social benefits                                                         238882 Other Expenses                                                        159255 Other revenue                                                            50928…

I have completed everything except for the unrestricted amounts. I can't seem to figure those out.    Can someone please help?   Problem: The following information is available for the preparation of the government-wide financial statements for the City of Southern Springs as of April 30, 2020:          Cash and cash equivalents, governmental activities $ 420,000   Cash and cash equivalents, business-type activities   884,000   Receivables, governmental activities   498,000   Receivables, business-type activities   1,471,000   Inventories, business-type activities   576,000   Capital assets, net, governmental activities   14,953,000   Capital assets, net, business-type activities   7,864,000   Accounts payable, governmental activities   719,000   Accounts payable, business-type activities   619,000   General obligation bonds, governmental activities   8,637,000   Revenue bonds, business-type activities   3,554,000   Long-term liability for compensated…

The following information is available for the preperation of the Government- wide financial statements for the City of Southren Springs as of April 30, 2020: Cash and cash equivalents, governmental activities $480,000; Cash and cash equivalents, business- type activities $700,000; Receivables, Governemntal activities $450,000; Receivables, business-type activites $1,330,000; Inventories, business - type activities $520,000; Capitol assets, net governmental activities $12,500,000; Capitol Assets, net, business-type activities $7,200,000; Accounts payable, Governmental activites $650,000; Accounts payable, business - type activities $559,000; General obligation bonds, governmental activities $7,800,00;  Revenue binds, business -type activities$3,210,000 Long term liability for compensated absences, governmental activities $359,000 From the preceeding information, prepare (in good form) a statement of Net Position for the City of Southern Springs as of April 30,2020. Assume that…

Entity XYZ is a national government agency. Some of the major transactions of the agency for the year 202X were as follows: 1.The approved legislative appropriation for the year was 1 Billion. 10% of this appropriation was alloted by the Department of Budget and Management (DBM) to Entity XYZ.This allotment is broken down as follows: Capital Outlay  50% Maintenance and other operating expenses (MOOE)  40% Personnel Services (PS)  10% 2.Received Notice of Cash Allocation (NCA) from DBM, P20 million,net of tax 3.Obligations were incurred as follows: Capital Outlay  5million Obligation for (MOOE)  3million Personnel Services (PS)  2million 4. Delivery of office equipment and office supplies on account: office equipment  3million office supplies  200,000 5.Payable to officers and employees upon approval of payroll: Salaries and wages  P1,000,000 Personnel economic relief allowance(PERA)  150,000 Gross Payroll  1,150,000 Less:Deductions Withholding Tax  P35,000 Government service Insurance…

Entity XYZ is a national government agency. Some of the major transactions of the agency for the year 202X were as follows: 1.The approved legislative appropriation for the year was 1 Billion. 10% of this appropriation was alloted by the Department of Budget and Management (DBM) to Entity XYZ.This allotment is broken down as follows: Capital Outlay  50% Maintenance and other operating expenses (MOOE)  40% Personnel Services (PS)  10% 2.Received Notice of Cash Allocation (NCA) from DBM, P20 million,net of tax 3.Obligations were incurred as follows: Capital Outlay  5million Obligation for (MOOE)  3million Personnel Services (PS)  2million 4. Delivery of office equipment and office supplies on account: office equipment  3million office supplies  200,000 5.Payable to officers and employees upon approval of payroll: Salaries and wages  P1,000,000 Personnel economic relief allowance(PERA)  150,000 Gross Payroll  1,150,000 Less:Deductions Withholding Tax  P35,000 Government service Insurance…