The Town of Riverside reported appropriations in the amount of $17,000,000 for its General Fund for...
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The Town of Riverside reported appropriations in the amount of $17,000,000 for its General Fund for the fiscal year ended December 31, 2020. During that year. expenditures amounted to S16.200,o00 (related to current year purchase orders that have been filled). In addition, S600.000 in encumbrances had been issued this year but not filled The amount that Riverside would report for expenditures (and encumbrances, if applicable) in its 2020 General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances (GAAP Basis) would be Mulple Choice $000.000 $16.200000 $16.800.000, Nor enough informetion is provided to calculete the solution < Prev Gof 10 Next> The Fire Department of the Town of Little River recetved an appropriatilon in the amount of $9,000,000 for the fiscal year ended June 30, 2020. During the month ended July 31, 2020, the following transactions occurred: (a) purchase orders were issued in the amount of $800,000, (b) purchase orders, related to (a) above, were filled in the amount of $790.000, the related invoice amount was $795.000, invoices were paid in the amount of $750,000; (c) salaries were accrued and paid in the amount of S775.000. The balance available for the fire department as of July 31, 2020 is Multiple Choice STA30.000 S7425.000. S7460.000 S1420.000 The Town of Riverside reported appropriations in the amount of $17,000,000 for its General Fund for the fiscal year ended December 31, 2020. During that year. expenditures amounted to S16.200,o00 (related to current year purchase orders that have been filled). In addition, S600.000 in encumbrances had been issued this year but not filled The amount that Riverside would report for expenditures (and encumbrances, if applicable) in its 2020 General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances (GAAP Basis) would be Mulple Choice $000.000 $16.200000 $16.800.000, Nor enough informetion is provided to calculete the solution < Prev Gof 10 Next> The Fire Department of the Town of Little River recetved an appropriatilon in the amount of $9,000,000 for the fiscal year ended June 30, 2020. During the month ended July 31, 2020, the following transactions occurred: (a) purchase orders were issued in the amount of $800,000, (b) purchase orders, related to (a) above, were filled in the amount of $790.000, the related invoice amount was $795.000, invoices were paid in the amount of $750,000; (c) salaries were accrued and paid in the amount of S775.000. The balance available for the fire department as of July 31, 2020 is Multiple Choice STA30.000 S7425.000. S7460.000 S1420.000
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Related Book For
Advanced Accounting
ISBN: 978-0134472140
13th edition
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
Posted Date:
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