C. Revenues from property taxes. It may also include certain non-cash changes, such as depreciation. Which of the following would always be classified as a general revenue? Which of the following items would not appear in a statement of revenues, expenditures, and changes in fund balances prepared for a governmental fund? A.Depreciation expense. C) Revenues from property taxes. B. Interfund transfers in. C. 29. 8. 28. a. interest on long-term debt.

Revenues in the statement of revenues, expenditures, and changes in fund balance are shown by source or type, such as various taxes, fees and charges, intergovernmental aid, and so on. Some Items May Appear On More Than One Statement; If So, Identify All Applicable Statements. Parking meter fees. Special assessment charges for snow removal. Which of the following items is recognized for governmental activities in the government-wide statement of activities and not in the statement of revenues, expenditures, and changes in fund balance for governmental funds? Changes in financial position include cash outflows, such as capital expenditures, and cash inflows, such as revenue. O Interfund transfers in. b. deferred revenue.

a. interest on long-term debt. A. The use of this statement is to provide relevant and focused on a period, so that users of financial statements with sufficient information to: Which of the following is not a category of program revenue reported on the from ACC 219 at Northern Virginia Community College

Which of the following items would not appear in a statement of revenues, expenditures, and changes in fund balances prepared for a governmental fund? 7. A. b. deferred revenue. Which of the following items would appear on a balance sheet A Notes Payable B from BUSINESS 1a at College of Alameda

A) Depreciation expense. Solution for Ch3 5 Which of the following items would not appear in a statement of revenues, expenditures, and changes in fund balances prepared for a… A) Depreciation expense. Question: Required Identify Whether Each Of The Following Items Would Appear On The Income Statement (IS), Statement Of Changes In Stockholders’ Equity (SE), Balance Sheet (BS), Or Statement Of Cash Flows (CF). Which of the following items would not appear in a statement of revenues, expenditures, and changes in fund balances prepared for a governmental fund? If you have difficulty answering the following questions, learn more about this topic by reading our Income Statement (Explanation ... revenues are recognized when the revenues are earned, not when the cash is received. A)Paid cash for dividends. B. Interfund transfers in. Which of the following items would not appear in a statement of revenues, expenditures, and changes in fund balances prepared for a governmental fund? c. bonds payable due in five years. 8. B) Interfund transfers in. The Balance Sheet for governmental funds would potentially include all of the following items except. d. assigned fund balance.

D. Expenditures for employee salaries. B) Interfund transfers in.

a. liens receivable. D) Expenditures for employee salaries. The Statement of Revenues, Expenditures, and Changes in Fund Balance does not report. 7. Required by GAAP for internal management reports only; not permitted for external financial reporting.

Which of the following items would not appear in a statement of revenues, expenditures, and changes in fund balances prepared for a governmental fund? Required by GAAP for the General Fund, special revenue funds, and all other governmental fund types for which an annual budget has been adopted.

7. The Balance Sheet for governmental funds would potentially include all of the following items except. c. bonds payable due in five years.

Depreciation expense Under the modified accrual basis of accounting used by the General Fund, financial resources are considered available if the revenue or other financing source is expected to be collected: a. liens receivable.



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