Question: Use the data from Problem 1717 for this assignment. In completing the assignment, assume that all assets are entity assets, Fund Balance with Treasury is

Use the data from Problem 17–17 for this assignment. In completing the assignment, assume that all assets are entity assets, Fund Balance with Treasury is an intergovernmental asset, and all other assets are governmental. Also, assume that Other Appropriations Realized—2019 were zero.


Required
In good form, prepare the following statements for the Save Our Resources Commission for 2020:
a. A statement of budgetary resources using Illustration 17–17 as an example.
b. A statement of changes in net position using Illustration 17–16 as an example.
c. A balance sheet using Illustration 17–15 as an example.

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a SAVE OUR RESOURCES COMMISSION STATEMENT OF BUDGETARY RESOURCES FOR THE YEAR ENDED SEPTEMBER 30 2020 BUDGETARY RESOURCES BUDGETARY AUTHORITY 4810000 ... View full answer

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