John Wiley Accountants Handbook Volume 2 3 pdf
John Wiley Accountants Handbook Volume 2_3 pdf
... GOVERNMENTAL UNITS 32
•
91
APPENDIX 32 . 1 32
•
97
Statement No. 33 Accounting and Financial Reporting Periods beginning after June
for Nonexchange Transactions 15, 20 00
Statement No. 34 Basic Financial ... type of situation is being dealt with. For example, “I pledge $20 ,000 if you play my
33 .2 NOT-FOR-PROFIT ACCOUNTING PRINCIPLES 33
•
23
The major disadvantage of immediate...
John Wiley Accountants Handbook Volume 2_8 pdf
... Ended December 31 End of Year Average During the Year
1998 $25 $24
1999 29 27
20 00 27 28
20 01 34 30
20 02 42 36
ACCOUNTING ENTRIES
Date Description Debit Credit
December 31 , 20 02 Cash $2, 000
Common ... additional
paid-in capital 160) 28 0) 32 0 ) 400) 640)
Proceeds from employee upon exercise 2, 000) 2, 000) 2, 000) 2, 000) 2, 000)
Total assumed proceeds 2, 160)...
John Wiley Accountants Handbook Volume 2_1 ppt
... Assets 32
(iv) Depreciation 32
(i) Long-Term Liabilities 33
(i) Accounting for
Long-Term Debt 33
(ii) Deficit Bonds 34
(j) Measurement Focus and Basis
of Accounting 34
(i) Measurement Focus 34
(ii) ... Service Funds 20
(iv) Capital Projects Funds 22
(v) Permanent Funds 24
(vi) Enterprise Funds 24
(vii) Focus on Major Funds 26
(viii) Internal Service Funds 26
(ix) Trus...
John Wiley Accountants Handbook Volume 2_2 potx
... 79,587, 4 23 1,006,645)
011 -22 2- 022 2 Arson commission 189 ,24 4 175,670 13, 574)
011 -25 1- 025 1 Transportation-traffic div 13, 755,915 13, 707,890 48, 025 )
011 -25 2- 025 2 Licensing board 5 42, 007 449, 825 92, 1 82)
011 -25 1- 025 3 ... $22 7,788
$0,
605,450
)$
26 ,555
)$
1 ,27 8, 32 8
)$
1 ,3 52, 056
)$
2, 630 ,38 4
)
Fund Equity—December 31 $
0,
34 4 ,30 0
)
$
0,
168,710 $2...
John Wiley Accountants Handbook Volume 2_7 pot
... this
36 .2 SPONSOR ACCOUNTING 36
•
13
Exhibit 36 .2 Illustration of the corridor.
Greater of PBO
or market-related
value of plan assets
January 1, 20 x1,
20 x2, and 20 x3
Cumulative net
gain at 12/ 31 /00
amortizable ... periodic
pension cost
30 0
Net
gain
Net
gain
Net
gain
Net
loss
Net
loss
Net
loss
−10%
+10%
25 0
20 x1
20 x1 20 x2 20 x3
Year 20 x2 20 x3
0
550
$ Amount
Un...
John Wiley Accountants Handbook Volume 2_10 ppt
... 13, 875 20 0 5 ,20 0
Rosenfield Rug Co. 1 ,20 0 96,000
Rubin Paint Company 30 0 9,750 100 2, 875
Weiss Potato Chips, Inc. 20 0 $ 020 ,33 7 30 0 $ 025 ,075
$1 53, 775 $ 133 ,900
Bonds
Jackson Van Lines, Ltd. ( 12% ... year $1,0 13, 000 $ 921 ,30 0
The notes are an integral part of these statements.
Exhibit 39 .2 Continued.
39
•
8
PERSONAL FINANCIAL STATEMENTS
December 31
20 X3 20 X2...
John Wiley Accountants Handbook Volume 2_11 pptx
... investments 27 ,000 15,000 12, 000
net income for year—per schedule $057,000 $ 030 , 735 $26 ,26 5
Total $ 23 7,000 $150, 735 $86 ,26 5
Less: withdrawals $ 024 ,000 $015,000 $09,000
Investment, December 31 $21 3, 000 ... Liabilities 32
(b) Record-Keeping System 32
(i) Journals 32
(ii) Principal and Income
Accounts 32
(iii) Opening Books of
Account 32
(iv) Amortization of Bond
P...
John Wiley Accountants Handbook Volume 2_12 doc
... 7 ,20 3 9,5 52
Inventories 1 ,38 5 2, 4 02 2,408 2, 236 2, 576 3, 861
Other current assets $00,909 $00,419 $00, 434 $00,8 43 $00,914 $01, 32 2
Total current assets 9, 720 13, 0 72 15,047 13, 498 14 ,36 0 18,8 92
Net ... $00, 426
Total assets $17,467 $21 ,915 $24 ,477 $28 , 522 $ 32 , 278 $36 ,1 93
Capital and liabilities:
Current liabilities $ 03, 501 $04,6 13 $04,008 $04 ,3 8...
John Wiley Accountants Handbook Volume 2_14 docx
... personal, 39 .1 39 . 13
accounting basis, 39 .2( d)
assets, 39 .3
closely held businesses, 39 .3( h)
estimated current value, 39 .3( a)
future interests, 39 .3( l)
intangible assets, 39 .3( k)
life insurance, 39 .3( g)
limited ... of accounting,
26 .4(a)(i)
prescribed forms, 26 .4(a)(vi)
standard report, 26 .3( a), 26 .3( b), 26 .3( c)
addressee, 26 .3( c)(ii)
date, 26 .3( c)...
John Wiley Accountants Handbook Volume 2_15 docx
... 40.7
Notes:
demand, 23 .3( a)(iv)
payable, 23 .3( d), 23 .3( e)
receivable, 17 .2( c)
Not-for-profit accounting, 33 .1 33 .5
accrual basis, 33 .2( b)
appropriations, 33 .2( e)
audit considerations, 33 .4
audit requirements, ... current, 23 .3
accounts payable, trade, 23 .3( c)
accrued expenses, 23 .3( f)
commissions/fees, 23 .3( f)(iv)
federal income taxes, 23 .3( f)(v)
interest p...