Provide a thorough discussion and analysis of the internal and external factors that brought about the

decolonization of the African continent in the period 1900-1980.
Please address this question on the following points, but not limited to: African anticolonial sentiments

(religious and political expressions of grievances towards colonial rule); development of African political

consciousness/parties; tactics or methods used by the African people to engage their colonial masters;

the impact of WWI and WWII on the African people; finally, external influences on the African educated

elite and people. Give examples to support your arguments. Use information obtained from the textbooks,

relevant web sources, journal articles, encyclopedias, and videos to support your arguments.

Sample Solution

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Your city has decided to build a new library. The projected cost is $2 million. A bond issue for $1.2 million

has been authorized, and the remainder is supposed to come from a contribution of $800,000 from the

general fund. The bonds sold for $1.3 million, a premium of $100,000. Create the required journal entries

for the following transactions:

The budget for the library
The payment and receipt of funds from the general fund
The issuance of the bonds
Assume that the premium remained in the capital projects fund.
Identify all of the funds required for these entries.
Discuss how the bond premium could be disposed.
In general terms, compare and contrast how expenditures are controlled in the general fund and in debt

service funds. Explain why differences would occur.

Sample Solution

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