1. Gotham City paid $610,000 in interest on its general obligation debt. The interest expense in this debt is $600,000. On the reconciliation of the revenues, expenditures and changes in fund balances to statement of activities on a government-wide bases, there would be a (net) reconciling item:

2. The flow of budgetary spending accounts is:

3. Current economic resources are viewed as the basis of measurement in:

4. Debt issued is recorded in the government-wide statement of net assets as:

5. The partnership of Gilligan, Skipper, and Ginger had total capital of $570,000 on December 31, 2014 as follows:

Gilligan, Capital (35%) $180,000

Skipper, Capital (40%) 255,000

Ginger, Capital (25%) 135,000

Total $570,000

Profit and loss sharing percentages are shown in parentheses. Assume that Mary Ann became a partner by investing $100,000 in the Gilligan, Skipper, and Ginger partnership for a 25 percent interest in capital and profits. Mary Anns capital credit using the bonus method should be

6. Based on the information in Question 5, under the bonus method, Gilligans capital after Mary Ann joins the partnership is: