Debit Credit Accounts Payable.. $ 90,000 Cash $ 30,000 Contracts Payable. Unavailable Revenues. 90,000 40,000 Due from Capital Projects Funds. Due to Debt Service Funds.. 60,000 40,000 Expenditures..... Fund Balance-Unassigned 530,000 170,000 Investments 410,000 Revenues. 760,000 300,000 Other Financing Sources-Bond Proceeds Other Financing Sources-Transfers In Other Financing Uses-Transfers Out.. 50,000 470,000 Taxes Receivable 220,000 Vouchers Payable.. 180,000 Totals. $1,720,000 $1,720,000
Debit Credit Accounts Payable.. $ 90,000 Cash $ 30,000 Contracts Payable. Unavailable Revenues. 90,000 40,000 Due from Capital Projects Funds. Due to Debt Service Funds.. 60,000 40,000 Expenditures..... Fund Balance-Unassigned 530,000 170,000 Investments 410,000 Revenues. 760,000 300,000 Other Financing Sources-Bond Proceeds Other Financing Sources-Transfers In Other Financing Uses-Transfers Out.. 50,000 470,000 Taxes Receivable 220,000 Vouchers Payable.. 180,000 Totals. $1,720,000 $1,720,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
The following

Transcribed Image Text:Debit
Credit
Accounts Payable..
$ 90,000
Cash
$ 30,000
Contracts Payable.
Unavailable Revenues.
90,000
40,000
Due from Capital Projects Funds.
Due to Debt Service Funds..
60,000
40,000
Expenditures.....
Fund Balance-Unassigned
530,000
170,000
Investments
410,000
Revenues.
760,000
300,000
Other Financing Sources-Bond Proceeds
Other Financing Sources-Transfers In
Other Financing Uses-Transfers Out..
50,000
470,000
Taxes Receivable
220,000
Vouchers Payable..
180,000
Totals.
$1,720,000
$1,720,000
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