The following trial balance is taken from the General Fund of the City of Jennings for the
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The following trial balance is taken from the General Fund of the City of Jennings for the year ending December 31, 2013. Prepare a condensed statement of revenues, expenditures, and other changes in fund balance and also prepare a condensed balance sheet.
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Debit Credit $ 90,000 Cash 90,000 40,000 Deferred Revenues. Due from Capital Projects Funds . . ._ ._ _ . . Due to Debt Service Funds... Expenditures. Fund Balance-Unassigned Investments... Revenues Other Financing Sources-Bond Proceeds Other Financing Sources-Transfers In. . . . . . . _. . . . 60,000 530,000 410,000 40,000 170,000 760,000 300,000 50,000 ._ _ . . . . _ _ ._ . . . . 470,000 180,000 1720,000 Totals. 1720,000
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Related Book For
Fundamentals of Advanced Accounting
ISBN: 978-0077667061
5th edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
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