Government and Not For Profit Accounting
Quiz 2 :
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Q18 Q18 Q18
A city receives a donation from a citizen who specifies that the principal must be invested and the earnings must be used to support operations of a city-owned recreational facility.The principal of this gift should be accounted for in which of the following funds?
Q25 Q25 Q25
The City of San Jose built a new city hall and financed construction by issuing bonds due in installments over the next 30 years.The bond principal and interest will be paid by a special tax levied on property in the City.The money received from this special tax should be accounted for in which of the following funds?
Q27 Q27 Q27
To fulfill the printing needs of its various departments and agencies, the City has established a Central Print Shop which bills the various departments and agencies of the city for printing services rendered.The Central Print Shop should be accounted for in which of the following funds.