Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 5 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 25 Sep 2017 My Price 7.00

General Fund of the City

The following trial balance is taken from the General Fund of the City of Jennings for the year ending December 31, 2010. Prepare a condensed statement of revenues, expenditures, and other changes in fund balance and also prepare a condensed balance sheet.

Debit

Credit

Accounts Payable

$90,000

Cash

$30,000

Contracts Payable

90,000

Deferred Revenues

40,000

Due from Capital Projects Funds

60,000

Due to Debt Service Funds

40,000

Expenditures

510,000

Fund Balance—Unassigned

170,000

Investments

410,000

Revenues

740,000

Other Financing Sources—Bond Proceeds

300,000

Other Financing Sources—Transfers In

50,000

Other Financing Uses—Transfers Out

470,000

Taxes Receivable

220,000

Vouchers Payable

180,000

Totals

$1,700,000

$1,700,000

 

Answers

(5)
Status NEW Posted 25 Sep 2017 08:09 PM My Price 7.00

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