Module 4 Corvallis Assignment
Completion requirements
Due: Sunday, 7 May 2023, 11:59 PM
Apply concepts learned in this module by working through the City of Corvallis project using the Excel workbook that can be downloaded from the Module 2 assignment page. This will be ongoing throughout the semester. Be sure that you have updated your workbook with any entries for previous modules (solutions for each module are provided after the due date).
- Instructions for using the workbook are included in the "Workbook Instructions" tab of the workbook.
- As a group, complete Corvallis Project - Chapter 4 for this module, which includes amending the budget and recording operating activities affecting the General Fund and Governmental Activities at the Government-wide level.
Note: Rember to refer to the Module 4 Hint Sheet!
- As a group, submit your City of Corvallis Excel workbook (only one submission is required per group) and a Statement of Revenues, Expenditures, and Changes in Fund Balance for the General Fund in good form.
- See pages 114-128 of the textbook for help with this assignment.
- Grading - The grading of these assignments will be as follows:
- 20% - All required statements are submitted (usually just your Excel workbook, but in module 4, you have an additional financial statement to include)
- 40% - Correct journal entries
- 20% - Correct balances
- 20% - Miscellaneous - Any required additional statements are included, account balances have the correct sign (assets have debit balances, revenues have credit balances, etc.)