Question: Question no 5- From the information below prepare Financial Statements Cash 20,000 Taxes receivable, net 147,000 Investments 65,000 Due from other funds 68,000 Vouchers payable
Question no 5-
From the information below prepare Financial Statements
Cash
20,000
Taxes receivable, net
147,000
Investments
65,000
Due from other funds
68,000
Vouchers payable
39,000
Due to other funds
152,750
Unassigned fund balance
117,000
Estimated revenues
610,000
Appropriations
590,000
Budgetary fund balance
20,000
Revenues-taxes
590,175
Revenues-charges for services
14,080
Expenditures-personal services
287,125
Expenditures-supplies
29,680
Expenditures-capital outlay
244,000
Transfer in from debt service fund
32,500
Transfers out to capital projects fund
84,700
0
$1,555,505
$1,555,505
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