18th Edition

ISBN: 9781307515596

Author: RECK

Publisher: MCG/CREATE

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Textbook Question

Chapter 8, Problem 17.7EP

The city has installed sidewalks using special assessment debt. Special assessments paid over the next 10 years will be used to retire the debt. If property owners fail to pay the assessments, the city is under no obligation to pay the assessments. Debt service related to the special assessment debt used to install the sidewalks should be recorded in what fund type?

a. Private-purpose trust fund.
b. Debt service fund.
c. Custodial fund.
d. Capital projects fund.

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Chapter 8, Problem 17.6EP

Chapter 8, Problem 17.8EP

Chapter 8 Solutions

ACCT. FOR GOV.&NONPROF. ENTITIES>CUSTOM

Ch. 8 - What are the criteria for determining if a...Ch. 8 - Prob. 2Q Ch. 8 - Identify the different types of trust funds and...Ch. 8 - Describe the basic activities conducted by a tax...Ch. 8 - Explain how the financial reporting of fiduciary...Ch. 8 - Prob. 6Q Ch. 8 - How are external investment pool activities...Ch. 8 - What is a private-purpose trust fund? There are...Ch. 8 - Prob. 9Q Ch. 8 - Prob. 10Q

Ch. 8 - What is OPEB and how is OPEB reported by...Ch. 8 - Prob. 12C Ch. 8 - Prob. 13C Ch. 8 - Prob. 14C Ch. 8 - Prob. 15C Ch. 8 - Prob. 17.1EP Ch. 8 - Which of the following is not a fiduciary fund? a....Ch. 8 - Prob. 17.3EP Ch. 8 - Fiduciary fund activities are not included in the...Ch. 8 - Prob. 17.5EP Ch. 8 - Prob. 17.6EP Ch. 8 - The city has installed sidewalks using special...Ch. 8 - Prob. 17.8EP Ch. 8 - Fiduciary funds a. Are accounted for using the...Ch. 8 - Prob. 17.10EP Ch. 8 - Prob. 17.11EP Ch. 8 - An investment trust fund would report in the...Ch. 8 - Prob. 17.13EP Ch. 8 - Which pension fund financial statement or schedule...Ch. 8 - Prob. 17.15EP Ch. 8 - Prob. 18.1EP Ch. 8 - Prob. 18.2EP Ch. 8 - The county collects taxes on behalf of the county,...Ch. 8 - Prob. 18.4EP Ch. 8 - Prob. 18.5EP Ch. 8 - At the date of the creation of the investment...Ch. 8 - The city council of the City of Great Falls...Ch. 8 - The city council of the City of Great Falls...Ch. 8 - Prob. 18.9EP Ch. 8 - Prob. 18.10EP Ch. 8 - Tax Custodial Fund. (LO8-2) The county collector...Ch. 8 - Special Assessment Debt. (LO8-2) Residents of...Ch. 8 - Identification of Fiduciary Funds. (LO8-2, LO8-3,...Ch. 8 - Investment Trust Fund. (LO8-3) The Albertville...Ch. 8 - Pass-through Custodial Funds. (LO8-2) Evergreen...Ch. 8 - Fiduciary Financial Statements. (LO8-4) Ray County...Ch. 8 - Fiduciary Fund Financial Statements. (LO8-4)...Ch. 8 - Prob. 26EP Ch. 8 - Prob. 27EP

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