Question
he City of Lewistown had the following account balances in their Public Employee Retirement Fund as of June 30, 2017: Additions - Contributions-Plan Members $1,800,000
he City of Lewistown had the following account balances in their Public Employee Retirement Fund as of June 30, 2017:
| Additions - Contributions-Plan Members | $1,800,000 |
| Additions - Contributions-Employer | 900,000 |
| Additions - Investment Earnings Interest | 100,000 |
| Cash | 135,000 |
| Accrued Interest Receivable | 140,000 |
| Investments Bonds | 4,530,000 |
| Investments Stocks | 2,500,000 |
| Additions - Investment Earnings - Net Increase in Fair Value of Investments | 120,000 |
| Deductions - Annuity Benefits | 529,000 |
| Deductions - Disability Benefits | 325,000 |
| Deductions - Refunds | 35,000 |
| Accounts Payable | 250,000 |
| Additions - Investment Earnings Dividends | 58,000 |
Use the Excel template for Question 30 that you downloaded from this module prior to starting this exam to prepare a Statement of Changes in Plan Net Position for the year ended June 30, 2017 assuming beginning net position is $4,966,000.
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Ebay Tips And Tricks To Increase Your Ebay Sales
Authors: Jessica Wilson
1st Edition
1774854015, 978-1774854013
