The trial balance of the Federal Antiquities Administration, as of August 31, 2023, follows: Required Prepare a
Question:
The trial balance of the Federal Antiquities Administration, as of August 31, 2023, follows:
Required
Prepare a statement of budgetary resources for the 11 months ended August 31, 2023, assuming that goods on order at the end of the prior year amounted to $1,210,210.
Budgetary Accounts Other Appropriations Realized-2023 Other Appropriations Realized-2022 Allotments-2023 Commitments-2023 Undelivered Orders-2023 Expended Authority-2023 Expended Authority-2022 Total Budgetary Accounts Debits $5,465,975 1,210,210 $6,676,185 Credits $ 600,000 150,000 664,131 4,051,844 1,210,210 $6,676,185
Step by Step Answer:
Statement of Budgetary Resources For the 11 Months En...View the full answer
Accounting For Governmental And Nonprofit Entities
ISBN: 9781260118858
19th Edition
Authors: Jacqueline Reck, Suzanne Lowensohn, Daniel Neely
Related Video
A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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