$15.$ State Community College, a public college, grants faculty members a one$-$year sabbatical leave after each seven years of service. There are no requirements for research, study, or service during the compensated sabbatical leave. A particular faculty member earns $$40,000$ per year. Assuming that the college maintains its books and records in a manner that facilitates the preparation of government$-$wide financial statements and assuming that any appropriate accruals have been made, what is the appropriate entry to record the employee$$s salary paid while on sabbatical?

a$)$ Debit Expenses $$40,000$; Credit Cash $$40,000.$

b$)$ Debit Sabbatical leave payable $$40,000$; Credit Cash $$40,000.$

c$)$ Debit Expenditures $$40,000$; Credit Cash $$40,000.$

d$)$ No entry required.

$16.$ State University, a public university, has a policy of granting faculty members a one$-$year paid sabbatical leave after a period of seven years continuous employment. The leave is for further study, research, or public service. A particular faculty member earns $$90,000$ per year. Assuming that the college maintains its books and records in a manner that facilitates the preparation of fund financial statements and assuming that any appropriate accruals have been made, what is the appropriate entry to record the employee$$s salary paid while on sabbatical leave?

a$)$ Debit Expenditures $$90,000$; Credit Cash $$90,000.$

b$)$ Debit Expenses $$90,000$; Credit Cash $$90,000.$

c$)$ Debit Sabbatical leave payable $$90,000$; Credit Cash $$90,000.$

d$)$ No entry required.

$17.$ State University, a public university, has a policy of granting faculty members a one$-$year paid sabbatical leave after a period of seven years continuous employment. The leave is for further study, research, or public service. A particular faculty member earns $$90,000$ per year. Assuming that the college maintains its books and records in a manner that facilitates the preparation of government$-$wide financial statements and assuming that any appropriate accruals have been made, what is the appropriate entry to record the employee$$s salary paid while on sabbatical leave?

a$)$ Debit Expenditures $$90,000$; Credit Cash $$90,000.$

b$)$ Debit Expenses $$90,000$; Credit Cash $$90,000.$

c$)$ Debit Sabbatical leave payable $$90,000$; Credit Cash $$90,000.$

d$)$ No entry required.

$18.$ State University, a very large public university, has a policy of granting faculty members a one$-$year sabbatical leave after a period of seven years of continuous employment. The leave is to be used for further study, research, or service. During the fiscal year ended $6/30/18,$ the university paid $$3$ million to faculty members on sabbatical leave and estimated that faculty members currently not on sabbatical leave earned $$3\mathrm{.}5$ million toward sabbatical leaves they are likely to take in the future. The amount of sabbatical expenditures for the year ended $6/30/18$ should be

a$)$ $$0$ million.

b$)$ $$3$ million.

c$)$ $$3\mathrm{.}5$ million.

d$)$ $$6\mathrm{.}5$ million.

$19.$ Culver City recognizes as revenues$/$expenditures those amounts collected$/$paid during the year or within $60$ days of fiscal year$-$end. The city offers a pension benefit to its employees who meet certain age and years of employment criteria. The city participates in the State Pension Plan. Per its contractual arrangement, the city$$s required contribution to the State Pension Plan for the fiscal year ended $6/30/18$ is $$5$ million. Due to cash inflow shortages the city, which budgeted $$5$ million for pension contributions, paid only $$4$ million in the fiscal year ended $6/30/18.$ The city paid the remaining amount on September $30,2018.$ Assuming the city maintains its books and records in a manner that facilitates the preparation of its fund financial statements, how should the city record the pension contribution and any associated liability for the year ended $6/30/18?$

a$)$ Debit Expenditures $$5$ million; Credit Cash $$4$ million and Pension payable $$1$ million.

b$)$ Debit Expenses $$5$ million; Credit Cash $$4$ million and Pension payable $$1$ million.

c$)$ Debit Expenditures $$4$ million; Credit Cash $$4$ million.

d$)$ Debit Expenses $$4$ million; Credit Cash $$4$ million.