acc_400_week_3_learning_team_assig...

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ACC 380Week Four AssignmentWeek Four Assignment8-101. Revenues-Property Taxes89,000Net Assets89,0002. Deferred Revenues Property Taxes100,000Revenues Property Taxes 100,0003. Public Safety Expense250,000Compensated Absences Payable 250,0004. Public Safety Expense22,000Net Pension Obligation 22,0005. Transfers In 1,100,000Transfers Out1,100,000City South Pittsburgh WorksheetAdjustments& eliminationsinternal Service FundsBalances for Government-Wide StatementsGovernmental Fund Balancesref.DebitsCreditsref.DebitsCreditsref.Debits: Cash Taxes receivable, net9,200,0009,200,000Expenditures ( expenses) Current Public Safety250,0003.4.22,000272,000 Contribution to Retirement funds229,000422,000207,000Other Expenditures ( Expenses) Compensated Absences200,000300,000100,000600,000Other Financial Uses-Transfers Out500,0005500,0005600,0001,100,000Total Debits10,379,00011,379,000Credits: Deferred Revenues(100,000)2(100,000) Compensated Absence Payable (250,000)3(250,000)Revenues Property Taxes(10,000,000)1.2.89,000(100,000)(10,011,000)other Financing Sources Transfer In (500,000)5500,0005600,000(1,100,000)Special ItemsNet Assets at beginni

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