Question: Exercise 4 - 2 7 ( Algo ) Operating Transactions and Financial Statements [ LO 4 - 1 , 4 - 2 , 4 -
Exercise Algo Operating Transactions and Financial Statements LO
The City of Castleton's General Fund had the following postclosing trial balance at June the end of its fiscal year:
DebitsCreditsCash$Sales Taxes ReceivableTaxes ReceivableDelinquentAllowance for Uncollectible Delinquent Taxes$Interest and Penalties ReceivableAllowance for Uncollectible Interest and PenaltiesInventory of SuppliesVouchers PayableDue to Federal GovernmentDeferred Inflows of ResourcesUnavailable RevenuesFund BalanceNonspendableInventory of SuppliesFund BalanceUnassigned$$
Record the effect of the following transactions on the General Fund and governmental activities for the year ended June
Record in general journal form entries to close the budgetary and operating statement accounts in the General Fund only.
Prepare a General Fund balance sheet as of June
Prepare a General Fund statement of revenues, expenditures, and changes in fund balance for the year ended June
a Record the effect of the following transactions on the General Fund and governmental activities for the year ended June
b Record in general journal form entries to close the budgetary and operating statement accounts in the General Fund only.
c Prepare a General Fund balance sheet as of June
d Prepare a General Fund statement of revenues, expenditures, and changes in fund balance for the year ended June
I NEED HELP WITH PART D EVERY OTHER PART IS CORRECT BUT IM STRUGGLING TO FIND WHICH PARTS GO TOGETHER TO GET THE CORRECT ANSWER
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