BUS4114 U18

School: Capella University - Course: BUS 4114 - Subject: Accounting

9-20: Net P Section A. D E C C A E A C E B Section B. e.None of End of WorUnit 3 As Financial Section A pr possible effe temporary a Identify how each statem a.Restricte b.Restricte c.Net Inve d.Net Inve

Position Classification 1.Depreciation was recorded for the year. 2.A fully depreciated computer was sold for $50. 3.Bonds issued to construct the new library were retired. 4.Construction expenditures were incurred for the new fire substation. 5.Grant funds that can only be used for a summer kids' camp remain unexpended at year-end. 6.An operating lease was entered into during the year. 7.A $3 million endowment was received during the year. 8.Several new fire trucks were purchased and 70 percent financed with long-term notes. 9.The capital projects fund transferred its residual fund balance to the debt service fund during the year. 10.A grant received in the prior year for afterschool recreational activities was expended. the above