Journalize the following transaction for the General Fund : Reinstate Encumbrances closed Dec 31 Cash 35000 Accounts
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Question:
Journalize the following transaction for the General Fund :
Reinstate Encumbrances closed Dec 31
Cash 35000
Accounts Receivable 1600
Accounts Payable 7000
Reserve for Encumbrance 650
Unreserved Fund Balance 13000
Do the journal entry
Related Book For
Advanced Accounting
ISBN: 978-1934319307
2nd edition
Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III
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