Category Archives: ACC 380 (ASH)

ACC 380 Week 5 DQ 1 FASB Statement 117, Trusts, and Organizations

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From Chapter 11 complete Exercise 11-3 and Exercise 11-4 and post the answers to the discussion board. Do not forget to show all necessary steps and explain how you attained the outcome.​

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ACC 380 Week 4 DQ 2 Transactions and FASB Standards

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From Chapter 9 complete Exercise 9-7, and from Chapter 10 complete Exercise 10-2 and Exercise 10-3 and post the answers to the discussion board. Do not forget to show all necessary steps and explain how you attained the outcome.

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ACC 380 Week 4 DQ 1 Infrastructure and G.A.S.B. Statement 34

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From Chapter 8 complete Exercise 8-4 and Exercise 8-5, and from Chapter 9 complete Exercise 9-2 and post the answers to the discussion board. Do not forget to show all necessary steps and explain how you attained the outcome.

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ACC 380 Week 4 Assignment Government-Wide Statements, Net Assets, and Journals

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Complete the following activities and submit your answers to your instructor in a Word document formatted to proper APA specifications. Include any relevant supporting computations and explanations.
Part One. 

Review the financial information pertaining to the City of South Pittsburgh in problem 8-10 on page 257 of your text. Prepare, in journal form, worksheet adjustments for each of the situations outlined.

Part Two: 

Review the financial information pertaining to Southern State University in problem 9-5 on pages 294 and 295 of your text. Prepare, in good form, a Statement of Net Assets for Southern State University as of June 30, 2012.

Part Three: 

Review the financial transactions pertaining to the Cancer Research Center in problem 10-8 on pages 326 and 327.

1. On the books of Cancer Research Center, record the pledge on January 1 in the temporarily restricted asset class, assuming the appropriate discount rate is 5% on an annual basis. The appropriate discount factor is 4.33.

2. Record the increase in the present value of the receivable in the temporarily restricted net asset class as of December 31.

3. Record the receipt of the first $30,000 on December 31 and the payment to the researcher. Indicate in which asset class (unrestricted, temporarily restricted) each account is recorded. 

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ACC 380 Week 3 DQ 2 Investment and Pension Trust Funds

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From Chapter 7 complete Exercise 7-8, Exercise 7-10, and Exercise 7-11 and post the answers to the discussion board. Do not forget to show all necessary steps and explain how you attained the outcome​.

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ACC 380 Week 3 DQ 1 Internal Service and Enterprise Funds

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From Chapter 6 complete Exercises 6-2 and 6-3 and post the answers to the discussion board. Do not forget to show all necessary steps and explain how you attained the outcome.

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ACC 380 Week 3 Assignment Net Assets and Employees’ Retirement Fund

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Complete the following activities and submit your answers to your instructor in a Word document formatted to proper APA specifications. Include any relevant supporting computations and explanations. 

Review the financial information pertaining to the City of Sweetwater in problem 7-13 on pages 215-217 of your text. Review the transactions that occurred during the year ended June 30, 2012 and complete the following:

1. Record the transactions on the books of the Employees’ Retirement Fund.

2. Prepare a Statement of Changes in Net Assets for the Employees’ Retirement Fund for the Year Ended June 30, 2012.

3. Prepare a Statement of Net Assets for the Employees’ Retirement Fund as of June 30, 2012. 

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ACC 380 Week 2 DQ 2 Trust Activities and Fund Issues

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From Chapter 5 complete Exercise 5-2 and Exercise 5-4 and post the answers to the discussion board. Do not forget to show all necessary steps and explain how you attained the outcome.

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