PROFESSOR: There are two activities for this assignment, as I mentioned just previously. The first is to identify a series of expenditure codes. And the second, do a similar exercise with revenue codes. And the school district budgeting textbook problem 3.1 gives you a series of transactions for different expenditures.

What you are to do for that assignment is similar to the example in the previous page. To identify the fund, the function, and object for all the information that you have for each of those expenditure transactions. And I would request that you use the format that's given in the book, fund, function, object, in separate columns. And it helps you and me identify what they are and get them correct.

Use the information that you have in the transaction to the lowest level that you have it. It is not complete, so you will not know everything about every piece of the assignment. But most of it will be there. And again, only the first three account codes, fund, function, object. You do not need to do the remaining five or six for expenditures, because you simply don't have enough information to do that.

Assignment 3.2 is the second half of this. This is to provide the fund and the revenue source for a series of revenue transactions. Again, fund and function. If you have questions on what those mean, check them out in the accounting manual. It provides you definition for those. And if you can't decide, look at the definitions of the ones that you are trying to decide between and find the one that fits best.

And just to reduce your frustration, there are several of the items, both in expenditures and in revenues, that could have different answers. There's no necessary single right answer, depending on the interpretation that you make of that particular assignment. It doesn't mean that there are no wrong answers, because there are numbers that are obviously not right. But there are, in several cases, there's some in which either of several answers could be right.

Now, a final note. If you are using a spreadsheet-- and I would recommend that if you're comfortable in doing it. To complete these assignments, you could submit these as a single file.

Put the expenditure assignment 3.1 on one tab, label that tab 3.1. Put the revenue assignment 3.2 on a second tab and label that tab. And then deposit that single spreadsheet into the Dropbox.

I've set up two assignments, 3.1 and 3.2. If you have both in a single spreadsheet, that's fine. And I will be able to recover them from the assignment and evaluate them from that. That's it. Thank you, and good luck.