I want the problem solved on this was.

please fast

So journal Entries

post to Fund ledger accounts

Problem is on the last picture

c. Posting journal entries to Fund general ledger accounts see (Chapter 2 General Ledger Accounts) Separate Excel file Posted ledger accounts d. Prepare School District's Fund Statement of Revenues, Expenditures and Other Changes in Fund Balances - these amounts come directly from the Fund general ledger accounts. capital feneroe funds CPF -> project fund, Debt service fund DSF 100.000 total West School District Statement of Fund Revenues, Expenditures and Other Changes in Fund Balances For the year ended 12/31/21 GF SRF Specia e revene fun Totals don't uset Revenues: Property Tax Revenue Itotal colur 100,000 Grant Revenue 20,000 20,000 Total Revenues 100,000 20,000 0 0 120,000 Expenditures: General Expenditures (70,000) (70,000) Program Expenditures (15,000) (15,000) Building Expenditures (144000) (144,000) Total Expenditures (70,000) (15,000) (144,000) 0 (299,000 Revenues less Expenditures 30,000 5,000 (144,000) 0 (109,000) 150,000 150,000 0 41,000 Other Changes in Fund Balances: Borrowing Proceeds Transferred out/Transferred in Increase in Fund Balances Beginning Fund Balances Ending Fund Balances (11,000) 19,000 0 19,000 5,000 0 5,000 6,000 0 6,000 11,000 11,000 0 11,000 41,000 und Delancee (Pronerty Tax Revenue, Grant e. Prepare the School District's Fund Balance Sheet GE SRF CPF DSF Totals 5,000 6,000 11,000 ASSETS: Cash Accounts Receivable Total assets 11,000 10,000 21,000 33,000 10,000 43,000 5,000 6,000 11,000 LIABILITIES and FUND BALANCES Accounts Payable Fund Balances Liabilities + Fund Balances 2,000 19,000 21,000 6,000 6,000 5,000 5,000 2,000 41,000 43,000 11,000 11,000 ...l find halances f. Prepare the Government Wide Statement of Net Activities West School District Government Wide Statement of Activities For the Year Ended 12/31/21 Revenues: Property Tax Revenue Grant Revenue Total Revenues 100,000 20,000 120,000 Expenditures: General Expenditures Program Expenditures Total Expenditures 70,000 15,000 Revenues less Expenditures under fall aurwal Beginning Net Position 1/1/21 Ending Net Position 12/31/21 (85,000) 35,000 0 35,000 8. Prepare the School District's Government Wide Statement of Net Position West School District Government Wide Statement of Net Position 12/31/21 Assets: Cash Accounts Receivable Building Total Assets 33,000 10,000 144,000 187,000 egu Always they should Liabilities: Accounts Payable Bond Payable Total Liabilities Net Position Liabilities + Net Position 2,000 150,000 152,000 35,000 187,000 CHAPTER 2 ACC 3700 HANDOUT HOMEWORK PROBLEM Orange City was established on 1/1/21 and had the following transactions in its first year of operation; 1. The City collects $400,000 in general property taxes. 2. The City pays $80,000 in general salaries. 3. The City collected $50,000 in hotel occupancy tax that must be used to promote tourism. 4. The City spends $100,000 from the General Fund to purchase police cars with 5 year estimated useful lives. 5. The city issues $200,000 10 year bonds the proceeds of which are to be used to purchase office buildings. 6. The City spends $40,000 promoting tourism 7. The City spends $130,000 of the bond proceeds to purchase an office building with a 20 estimated useful life. Required; 1. Prepare the journal entries for the above transactions (note the appropriate Fund) 2. Post the journal entries to the appropriate Fund ledger accounts 3. Prepare Orange City's Statement of Revenues, Expenditures and Other Changes in Fund Balances 4. Prepare Orange City's Fund Balance Sheet 5. Prepare Orange City's Government Wide Statement of Activities 6. Prepare Orange City's Government Wide Statement of Net Position c. Posting journal entries to Fund general ledger accounts see (Chapter 2 General Ledger Accounts) Separate Excel file Posted ledger accounts d. Prepare School District's Fund Statement of Revenues, Expenditures and Other Changes in Fund Balances - these amounts come directly from the Fund general ledger accounts. capital feneroe funds CPF -> project fund, Debt service fund DSF 100.000 total West School District Statement of Fund Revenues, Expenditures and Other Changes in Fund Balances For the year ended 12/31/21 GF SRF Specia e revene fun Totals don't uset Revenues: Property Tax Revenue Itotal colur 100,000 Grant Revenue 20,000 20,000 Total Revenues 100,000 20,000 0 0 120,000 Expenditures: General Expenditures (70,000) (70,000) Program Expenditures (15,000) (15,000) Building Expenditures (144000) (144,000) Total Expenditures (70,000) (15,000) (144,000) 0 (299,000 Revenues less Expenditures 30,000 5,000 (144,000) 0 (109,000) 150,000 150,000 0 41,000 Other Changes in Fund Balances: Borrowing Proceeds Transferred out/Transferred in Increase in Fund Balances Beginning Fund Balances Ending Fund Balances (11,000) 19,000 0 19,000 5,000 0 5,000 6,000 0 6,000 11,000 11,000 0 11,000 41,000 und Delancee (Pronerty Tax Revenue, Grant e. Prepare the School District's Fund Balance Sheet GE SRF CPF DSF Totals 5,000 6,000 11,000 ASSETS: Cash Accounts Receivable Total assets 11,000 10,000 21,000 33,000 10,000 43,000 5,000 6,000 11,000 LIABILITIES and FUND BALANCES Accounts Payable Fund Balances Liabilities + Fund Balances 2,000 19,000 21,000 6,000 6,000 5,000 5,000 2,000 41,000 43,000 11,000 11,000 ...l find halances f. Prepare the Government Wide Statement of Net Activities West School District Government Wide Statement of Activities For the Year Ended 12/31/21 Revenues: Property Tax Revenue Grant Revenue Total Revenues 100,000 20,000 120,000 Expenditures: General Expenditures Program Expenditures Total Expenditures 70,000 15,000 Revenues less Expenditures under fall aurwal Beginning Net Position 1/1/21 Ending Net Position 12/31/21 (85,000) 35,000 0 35,000 8. Prepare the School District's Government Wide Statement of Net Position West School District Government Wide Statement of Net Position 12/31/21 Assets: Cash Accounts Receivable Building Total Assets 33,000 10,000 144,000 187,000 egu Always they should Liabilities: Accounts Payable Bond Payable Total Liabilities Net Position Liabilities + Net Position 2,000 150,000 152,000 35,000 187,000 CHAPTER 2 ACC 3700 HANDOUT HOMEWORK PROBLEM Orange City was established on 1/1/21 and had the following transactions in its first year of operation; 1. The City collects $400,000 in general property taxes. 2. The City pays $80,000 in general salaries. 3. The City collected $50,000 in hotel occupancy tax that must be used to promote tourism. 4. The City spends $100,000 from the General Fund to purchase police cars with 5 year estimated useful lives. 5. The city issues $200,000 10 year bonds the proceeds of which are to be used to purchase office buildings. 6. The City spends $40,000 promoting tourism 7. The City spends $130,000 of the bond proceeds to purchase an office building with a 20 estimated useful life. Required; 1. Prepare the journal entries for the above transactions (note the appropriate Fund) 2. Post the journal entries to the appropriate Fund ledger accounts 3. Prepare Orange City's Statement of Revenues, Expenditures and Other Changes in Fund Balances 4. Prepare Orange City's Fund Balance Sheet 5. Prepare Orange City's Government Wide Statement of Activities 6. Prepare Orange City's Government Wide Statement of Net Position