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Dental plaque is an example of

A newly hatched duck adopts the first large, moving object it sees as its mother. This is an example of

Honeybees will sting a bear that is robbing their hive even though the bees will die after they sting the bear. This is an example of

 The City of Aurora increased its revenue budget by $75,000 and the appropriation for the Public Works Department was increased by $100,000.  What is the journal entry to record this event in the General Fund? A. Estimated Revenues         75,000      Fund Balance-unassigned  25,000                     Appropriations            l             100,000 B. Appropriations                 100,000            Estimated Revenues                                              75,000            Budgetary Fund Balance                                         25,000 C. Estimated Revenues              75,000      Budgetary Fund Balance       25,000        Appropriations                                                           100,000 D. Estimated Revenues              75,000                          Appropriations                                        75,000

Which of the following best describes the recommended format for the government-wide statement of activities? A. Program revenues minus expenses minus other revenues and expenses equals change in net position. B. Program revenues plus general revenues minus expenses equals change in net position. C. Program revenues minus expenses plus general revenues equals change in net position. D. Expenses minus program revenues plus general revenues equals change in net position.

When the budget for the General Fund is recorded, the required journal entry will include: A. A credit to Estimated Revenues. B. A debit to Encumbrances. C. A credit to Appropriations. D. A credit to Fund Balance.

The County Commission of Seminole County adopted its General Fund budget for the year ending June 30, comprising estimated revenues of $13,200,000 and appropriations of $12,900,000. Seminole County utilizes the budgetary accounts required by GASB standards. The journal entry to record budgeted appropriations will include: A. A credit to Appropriations, $12,900,000. B. A credit to Encumbrances, $12,900,000. C. A debit to Estimated Expenditures, $12,900,000. D. A credit to Budgetary Fund Balance, $12,900,000.

 Governmental Funds Fund Balance is displayed in which of the following categories? A. Nonspendable, Spendable, Assigned, Unassigned B. Nonspendable, Restricted, Unrestricted C. Restricted, Unrestricted, Assigned, Unassigned D. Nonspendable, Restricted, Committed, Assigned, Unassigned

Record the budget and a budget revision 5 points             The council of the Town of Washington approved the 2020 budget as follows:               Estimated revenues for 2020:                Property taxes                                                                             $5,000,000                Licenses and permits                                                                  $1,000,000                          Appropriations for 2020:                General government                                                                   $4,600,000                 Public safety                                                                              $1,200,000                 Health and welfare                                                                       $100,000             During 2020, the town’s mayor presented the council with a budget revision to increase the amount of appropriation for the general government by $10,000 and decrease the amount of estimated revenues for the general government by 15,000.  The council approved this budget revision.   Required: Prepare the general journal entry necessary to initially record the budget. Prepare the general journal entry necessary to record the budget revision.

Calculate fund balance as of June 30, 2020:  5 points   What is the ending fund balance as of June 30, 2020?         Debits   Credits   Cash $ 116,500           Taxes Receivable—Current   29,000           Allowance for Uncollectible Current Taxes         $ 3,000   Accounts Payable           7,800   Due to Other Funds           5,500   Tax Anticipation Notes Payable           50,000   Fund Balance—Unassigned           70,200   Budgetary Fund Balance           1,000   Estimated Revenues   100,000           Revenues           102,000   Appropriations           99,000   Expenditures   93,000           Totals $ 338,500     $ 338,500