The Cerulean City Debt Service Fund accumulates resources to pay its $2 million general obligation debt (originally issued at face value on January 1, 20X1). The debt is payable in equal annual installments of principal over 10 years with 5% interest on the unpaid principal (interest is paid annually on December 31). The entire fund balance is classified as assigned. Required: Insert a table (use the formatting below as a guide) to prepare the necessary 20X1 journal entry(ies) required to record the following transactions in the Debt Service Fund. On January 1, 20X1, the City receives a transfer from the General Fund for $400,000. On March 1, 20X1, the City invests $150,000 in Misty Corporation stock. On October 15, 20X1, the City receives a $1,000 dividend from Misty Corporation. On December 31, the debt service payments (both the principal and interest for the year) become due and payable. The debt service payments are not paid until January 20X2. The City pays 20X1 fiscal agent fees of $5,000. The books are closed for 20X1. Be sure to label each entry using the lettering above (A-F). Journal entry formatting guide: Debit account 1 Debit amount 1 Debit account 2 Debit amount 2 Credit account 1 Credit amount 1 Credit account 2 Credit amount 2
A city uses the consumption method of accounting for supplie…
A city uses the consumption method of accounting for supplies in the General Fund. How should the General Fund record a purchase of supplies?
When using a butterfly needle for venipuncture on dorsal han…
When using a butterfly needle for venipuncture on dorsal hand veins, which of the following actions should the phlebotomist take?a. Position the needle at a 45 angle to the skinb. Apply the tourniquet at the antecubital areac. Instruct the patient to hold the collection tubesd. Hold the needle by the wings of the butterfly
A phlebotomist is performing a venipuncture on a patient who…
A phlebotomist is performing a venipuncture on a patient who is allergic to alcohol. Which of the following is an appropriate antiseptic to use in place of the alcohol?a. Sterile waterb. Chlorhexidinec. Antiseptic foamd. Saline
Which of the following cleansing agents should a phlebotomis…
Which of the following cleansing agents should a phlebotomist use when collecting a sample for a blood alcohol concentration?a. Hand sanitizerb. Soap and waterc. 70% isopropyl alcohold. 5.25 % sodium hypochlorite
A phlebotomist is explaining the venipuncture procedure to a…
A phlebotomist is explaining the venipuncture procedure to a patient who is seated. In which of the following positions should the phlebotomist instruct the patient to place their arm?a. Next to the patient while in the prone positionb. Distal portion of the arm in a downward positionc. Fingers oriented laterallyd. Wrist positioned with dorsal side upward
A phlebotomist has washed their hands in preparation for a r…
A phlebotomist has washed their hands in preparation for a routine venipuncture. Which of the following actions should the phlebotomist take to dry their hands?a. Dry hands with a disposable sanitizing clothb. Dry hands with the sanitizing hand gelc. Dry hands with a sterile toweld. Dry hands with a clean disposable towel
A phlebotomist has a prescription to collect a peak cortisol…
A phlebotomist has a prescription to collect a peak cortisol level. At which of the following times of day should the phlebotomist obtain the sample?a. 0300b. 1200c. 0800d. 1900
For an inpatient, in addition to the patient’s complete name…
For an inpatient, in addition to the patient’s complete name, date of birth, and medical record number, which of the following pieces of information should be included in the physician’s requisition form?a. Type of treatment to be performedb. Patient’s diagnosis and health statusc. Type of tests to be performedd. Patient’s laboratory results
A laboratory is scheduled for a routine annual inspection wi…
A laboratory is scheduled for a routine annual inspection with the primary focus on equipment maintenance logs. Which of the following areas will be the focus of the inspection?a. Electrical safetyb. Chemical safetyc. Radiation safetyd. Mechanical safety