{"id":201461,"date":"2018-09-13T22:38:46","date_gmt":"2018-09-13T22:38:46","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/13\/acct-567-week-7-problems-16-3-and-17-6\/"},"modified":"2018-10-24T09:15:38","modified_gmt":"2018-10-24T09:15:38","slug":"acct-567-week-7-problems-16-3-and-17-6","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/acct-567-week-7-problems-16-3-and-17-6\/","title":{"rendered":"ACCT 567 Week 7 Problems 16-3 and 17-6"},"content":{"rendered":"<p>Elizabeth College, a small private college, had the following transactions in fiscal year 2011.\t1. Billings for tuition and fees totaled $5,600,000. Tuition waivers and scholarships of $61,500 were granted. Students received tuition refunds of $101,670.\t2. During the year the college received $1,891,000 cash in unrestricted private gifts, $575,200 cash in temporarily restricted grants, and $1,000,000 in securities for an endowment.\t3. A pledge campaign generated $626,000 in unrestricted pledges, payable in fiscal year 2012.\t4. Auxiliary enterprises provided goods and services that generated $94,370 in cash.\t5. Collections of tuition receivable totaled $5,380,000.\t6. Unrestricted cash of $1,000,000 was invested.\t7. The college purchased computer equipment at a cost of $10,580.\t8. During the year the following expenses were paid:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elizabeth College, a small private college, had the following transactions in fiscal year 2011. 1. Billings for tuition and fees totaled $5,600,000. Tuition waivers and scholarships of $61,500 were granted. Students received tuition refunds of $101,670. 2. During the year <a href=\"https:\/\/www.benedictsol.com\/blogs\/acct-567-week-7-problems-16-3-and-17-6\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-201461","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/201461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=201461"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/201461\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=201461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=201461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=201461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}