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Falmouth City owns and operates a mini-bus system which it accounts for in an enterprise fund. Prepare journal entries to record the following transactions, which occurred in a recent year.
a) The mini-bus system issued $5 million of 8 percent revenue bonds at par and used the proceeds to acquire new mini-buses.
b) As required by the bond covenant, the system set aside 1 percent of the gross bond proceeds for repair contingencies.
c) The system accrued 6 months interest on the revenue bonds at year-end.
d) The system incurred $30,000 of repair costs and paid for them with cash set aside for repair contingencies.
Least Restrictive Environments
A principle in special education that students with disabilities should be educated in settings that are as close as possible to those of non-disabled students.
Case Management
Case management is a collaborative process that assesses, plans, implements, coordinates, monitors, and evaluates options and services to meet an individual's comprehensive health needs.
Medical Model
A framework in healthcare that views medical issues through the lens of biological factors and emphasizes diagnosis and treatment, often contrasted with holistic or social models of health.
Case Management
A collaborative process of assessment, planning, facilitation, care coordination, evaluation, and advocacy for options and services to meet an individual’s or family's comprehensive health needs.
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