On June 30, 2021, the account balances of the general fund of Clinton CSD were Cash in Bank $ 30,000 Accounts Payable $ 40,000 Tax Receivable $ 500,000 Unreserved Fund Balance $ 470,000 Employee Retirement System $ 20,000 Prepare a balance sheet as of June 30, 2021 for Clinton CSD On July 1, 2021, ...

Solution2 Preparation of Balance sheet of Clinton CSD CLINTON ...

On June 30, 2021, the account balances of the general fund of Clinton CSD were: Cash in

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On June 30, 2021, the account balances of the general fund of Clinton CSD were:

Cash in Bank			$ 30,000
Accounts Payable			$ 40,000
Tax Receivable			$ 500,000
Unreserved Fund Balance			$ 470,000
Employee Retirement System			$ 20,000

Prepare a balance sheet as of June 30, 2021 for Clinton CSD.

On July 1, 2021, the fund equity balance of the general fund of ABC school district was $125,000.
During the year revenues amounting to $115,000 were realized and expenditures amounting to
$160,000 were paid. Prepare a statement of revenues, expenditures and fund equity for the
period ending July 31, 2021.

Posted Date: Dec 04, 2021 12:28 PM

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On June 30, 2021, the account balances of the general fund of Clinton CSD were: Cash in

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