2. The City of Thomasville had the following debt outstanding: General obligation bonds to be paid from a debt service fund $2,900,000 General obligation bonds to be paid from utility revenues $3,100,000 Revenue bonds to be paid from utility revenues $3,400,000 The amount that should be shown as debt in the utility fund would be: $_________________________________________

9. Churchville County is trustee for a multi-government investment pool and has established an investment trust fund. Included in the investment trust fund, for management purposes, are investments in the amount of $15 million from the County's General Fund, $3 million from the County's special revenue funds, and $112 million from other governments. How much would the County report in its investment trust fund ? $_________________________________

4. Why are fiduciary funds not reported on the government-wide statements? Pg 192___________________________________________________________________________________________________ ___________________________________________________________________________________________________

6. Describe the primary difference between a permanent fund and a private purpose trust fund (i.e. why is one a governmental fund and the other a fiduciary fund?)

7. __________________________________ funds are reported in the fund-basis statements only.

9. Churchville County is trustee for a multi-government investment pool and has established an investment trust fund. Included in the investment trust fund, for management purposes, are investments in the amount of $15 million from the County's General Fund, $3 million from the County's special revenue funds, and $112 million from other governments. How much would the County report in its investment trust fund ? $_________________________________

15. Wang County operates a landfill as an enterprise fund. The closure and post-closure care costs are estimated to total $30 million which includes $7 million in new equipment. It is estimated that the capacity of the landfill is 12 million tons of waste and that waste will be accepted for 5 years. During 2015, 3 million tons of waste was accepted. The charge for closure and post-closure care costs for 2015 would be: $____________________________________________

18. The tax agency fund of Orange County collected $7,000,000 for a private school district; $3,000,000 for the county General Fund; and $5,000,000 for a town located in the County. County General Fund employees handle the collections, and a 2.5 percent collection fee is charged all units except the county. The total amount of revenue recognized by the county Agency Fund would be: $____________________________________.