accounting

Project Description:

(relationship between budgetary fund balance and actual fund balance)
the village of albert’s alley recorded the following budgetary journal entry at the beginning of
fiscal 2013:
estimated revenue 5,000,000
appropriations 4,950,000
budgetary fund balance 50,000
at the end of fiscal 2013, what would be the effect on the ending actual fund balance, assuming the
following:
a. actual revenues are equal to estimated revenues, and actual expenditures are $7,000 less than
appropriations.
b. actual revenues are equal to estimated revenues, and actual expenditures are equal to appropriations.
c. actual revenues exceed estimated revenues by $4,000, and actual expenditures are equal to
appropriations.
d. actual revenues are $3,000 less than estimated revenues, and actual expenditures are $2,000
less than appropriations.
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Project Stats:

Price Type: Negotiable

Completed
Total Proposals: 9
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