Reconstruct Budget Entry, Compute Fund Balance The following information relates to actual revenues and expenditures for the
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a. What budget entry was made at the beginning of the year?
b. If the fund balance before the budget entry was $2,100,000, what is the fund balance after year-end closing entries?
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Related Book For
Advanced Accounting
ISBN: 978-1934319307
2nd edition
Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III
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