There wasn't an answer for this question, I'm looking to verify my answers with another individual....

70.2K

Verified Solution

Question

Accounting

There wasn't an answer for this question, I'm looking to verifymy answers with another individual. This pertains to the followingquestion:

https://www.chegg.com/homework-help/essentials-of-accounting-for-governmental-and-not-for-profit-organizations-13th-edition-chapter-1-problem-9qe-solution-9781259741012

Here is what I came up with by trying to fit the descriptions toeach defined fund(s):

a.Capital Projects
b.Agency Funds, Special Revenue Funds
c.Capital Projects
d.Permanent Funds
e.Private-purpose Trust Funds
f.Enterprise Funds
g.Pension Trust Fund, Internal Service Fund, General Fund

I haven't used this service before so I'm not sure if this isthe appropriate way to use it. Any feedback would be appreciated.Thank you.

Answer & Explanation Solved by verified expert
3.7 Ratings (382 Votes)
Please post the question instead of posting the link For each of the items below identify which funds would be used to account for the itemand provide a justification for your answer Type of Fund Explanation a A city government issued general obligation bonds to finance the construction of a new jail Capital project Fund Capital projects because it is designated for a new building b A tax of 100 per residential phone    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students