Table of Contents

Chapter 1

Introducing City of Smithville
Welcome………………………………………………………. 4
System Requirements 4
Licensing 5

Running or Removing City of Smithville
Running the City of Smithville 5
Removing the City of Smithville 5

General Operating Instructions
Opening the City of Smithville 6
Creating a new project 6
Opening an existing project 7
Saving the current project 7

City of Smithville Main Window
Adding and posting journal entries 8
Editing/deleting/unposting journal entries 8
Working with the ledgers screen 10
Working with the detail journal screen 11

Printing Reports 12

Exporting Trial Balances 13

Completing Chapters 2 through 11 of the
City of Smithville Cumulative Problem 14

Chapter 2 Opening the Books 15

Chapter 3 Recording the Annual Budget 20

Chapter 4 Recording Operating Transactions Affecting
the General Fund and Governmental Activities at the
Government-wide Level 22

Chapter 5 Recording Capital Asset Transactions 31

Chapter 6 Recording General Long-term Liabilities and
Debt Service Transactions 37

Chapter 7 Recording Enterprise Fund and
Business-type Activities Transactions 43

Chapter 8 Recording Fiduciary Fund Transactions —
Tax Agency Fund 46

Chapter 9 Adjusting and Closing Entries for
Governmental Activities, Government-wide Level;
Preparation of Government-wide and Major Fund
Financial Statements 50

Chapter 10 Analysis of Financial Condition 52

Chapter 11 Preparation of Audit Report 52
Appendix A 53
CHAPTER 1

INTRODUCING CITY OF SMITHVILLE

Welcome
Thank you for purchasing the City of Smithville Government Accounting Software. This software is designed to be used with the McGraw-Hill/Irwin textbook Accounting for Governmental and Nonprofit Entities, 16th edition.
Welcome
Thank you for purchasing the City of Smithville/City of Bingham Governmental Accounting Software. This software is designed to be used…