Question: Remaining Time: 34 minutes, 36 seconds. 1 Question Completion Status 2 lu The following table shows the total revenues and expenditures during the budget period

 Remaining Time: 34 minutes, 36 seconds. 1 Question Completion Status 2
lu The following table shows the total revenues and expenditures during the

Remaining Time: 34 minutes, 36 seconds. 1 Question Completion Status 2 lu The following table shows the total revenues and expenditures during the budget period ended in 2020 (numbers in million): Items Budget Allocation Actual Received or paid Taxes on Employees 4950 5060 4950 Sales Tax 2420 2255 2332 Salaries 3520 3454 3410 Rents 770 715 748 Lands 2420 2398 2310 Furniture 990 1023 1045 Additional Information: There are maintenance contracts, which have been signed with service companies, worth 40 million JD and have not been implemented yet. The percentage of depreciation is 12% for buildings and 8% for Furniture, The balance of treasury is 710 million at the beginning of 2019. Instructions: Based on the above information determine the values of the following items by applying the Modified Accrual Basis: 1. Total of revenues is: A. 6,700 B. 6,650 C.7.282 D. None of the above 2. Total of expenditures is: A. 7,690 B. 7.685 C. 6.900 D. None of the above 3. Balance of final account for the current period is A. 390 Surplus B. 430 Deficit C. 408 Deficit D. None of the above

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