for example on this question. Received bill from the water and sewer department for services, $7,500; $4,000 was paid. Expenditures—Operating—Utilities........................................................ Cash................................................................................ Due to Enterprise Fund..................................................... To record water and sewer expenditures.

Please answer question 12 [Para. 4-a-12]

Question 10 (Ignore income taxes in this problem.) Z Company has gathered the following data on a proposed investment project:     Investment in equipment.................................. $150,000   Annual cash flows........................................... $40,000   Salvage value of equipment............................. $0   Life of the equipment....................................... 10 years   Required rate of return.................................... 10%   The company uses straight-line depreciation on all equipment. Required: (iii) Calculate the ARR

P4-43. (Encumbrance and expenditure accounting) The city council made an appropriation to the police department of $95,000 for the purchase of supplies and equipment. The following transactions and events occurred regarding this appropriation. Prepare an appropriations ledger like Table 4-2 using columns for Appropriations, Encumbrances (Dr. and Cr.), Expenditures, and Available Appropriations. Then, prepare journal entries to record the transactions and events. Post the appropriation amount and the jourmal entries to the appropriations ledger. Charge all expenditures to Supplies and equipment. Make sure your final posting shows the remaining amount available for spending. 1. The department placed purchase order (PO) 1 for 5 motorcycles, estimated to cost $10,000 each. 2. The department placed PO 2 for crime prevention supplies at an estimated cost of $30,000. 3. The motorcycles ordered in PO 1 arrived in good condition. The invoice of $50,000 was approved for payment. 4. PO 3 was…