Laserfiche WebLink
<br />IJ <br /> <br />City of Centerville <br />May 4, 2006 <br />Page Twelve <br /> <br />Adjusting Journal Entries JE # 59 <br />To correct city transfer entries that were incorrectly coded from <br />transfer ins to transfer outs <br />101-46000-39203 Transfer from Other Fund <br />101-49390-700 Transfers (GENERAL) <br />101-49390-700 Transfers (GENERAL) <br />342-49200-720 Transfer to other fund <br />408-46000-700 Transfers (GENERAL) <br />430-46000-700 Transfers (GENERAL) <br />430-49995-39203 Transfer from Other Fund <br />440-46000-700 Transfers (GENERAL) <br />442-49300-720 Operating Transfers <br />101-46000-39203 Transfer from Other Fund <br />101-49390-700 Transfers (GENERAL) <br />101-49390-720 Operating Transfers <br />342-49200-39203 Transfer from Other Fund <br />408-49995-39203 Transfer from Other Fund <br />430-46000-720 Operating Transfers <br />430-49300-720 Operating Transfers <br />440-49995-39203 Transfer from Other Fund <br />442-49200-39203 Transfer from other funds <br />Total <br /> <br /> Debit Credit <br />$ 293.00 <br /> 1,261.00 <br /> 6,391.00 <br /> 614.00 <br /> 6,391.00 <br /> 1,261.00 <br /> 1,261.00 <br /> 251.00 <br /> 614.00 <br /> $ 6,391.00 <br /> 1,261.00 <br /> 293.00 <br /> 614.00 <br /> 6,391.00 <br /> 1,261.00 <br /> 1,261.00 <br /> 251.00 <br /> 614.00 <br />$ 18,337.00 $ 18,337.00 <br /> <br />Adjusting Journal Entries JE # 62 <br />To reverse balances from closed fund <br />101-10450 Interest Receivable on Invest <br />101-49200-36210 Interest Earnings <br />339-10111 Fair Value Adjustment <br />101-10111 Fair Value Adjustments <br />339-10450 Interest Receivable on Invest <br />339-49200-36210 Interest Earnings <br />Total <br /> <br />$ <br /> <br />8.00 <br />30.00 <br />38.00 <br /> $ 38.00 <br /> 8.00 <br /> 30.00 <br />76.00 S 76.00 <br /> <br />s <br /> <br />Disagreements with Management <br /> <br />For purposes of this letter, professional standards define a disagreement with management as a matter, whether or not resolved to <br />our satisfaction, concerning a financial accounting, reporting or auditing matter that could be significant to the financial statements <br />or the auditor's report. Weare pleased to report that no such disagreements arose during the course of our audit <br /> <br />Consultations with Other Independent Accountants <br /> <br />In some cases, management may decide to consult with other accountants about auditing and accounting matters, similar to <br />obtaining a "second opinion" on certain situations. If a consultation involves application of an accounting principle to the City's <br />financial statements or a determination of the type of auditor's opinion that may be expressed on those statements, our professional <br />standards require the consulting accountant to check with us to determine that the consultant has all the relevant facts. To our <br />knowledge, there were no such consultations with other accotmtants. <br /> <br />952.835.9090 . Fax 952.835.3261 <br />www.aemcpas.oom <br />