One amount is missing in the following trial balance of proprietary accounts, and another is missing from the trial balance of budgetary accounts of the Save Our Resources Commission of the federal government. This trial balance was prepared before budgetary accounts were adjusted, such as returning unused appropriations. The debits are not distinguished from the credits. SAVE OUR RESOURCES COMMISSION Preclosing Trial Balance September 30, 2023 Proprietary accounts: Accounts Payable Accumulated Depreciation-Plant and Equipment Appropriations Used Fund Balance with Treasury-2023 Operating Materials and Supplies Cumulative Results of Operations-10/1/22 Operating/Program Expenses Depreciation and Amortization Plant and Equipment Unexpended Appropriations-2023 Budgetary accounts: Other Appropriations Realized-2023 Expended Authority-2023 Undelivered Orders-2023 Allotments-2023 $ 154,000 5,370,000 4,520,000 83,000 1,029,000 2,170,000 770,000 8,131,000 430,000 ? 4,520,000 330,000 120,000

One amount is missing in the following trial balance of proprietary accounts, and another is missing from the trial balance of budgetary accounts of the Save Our Resources Commission of the federal government. This trial balance was prepared before budgetary accounts were adjusted, such as returning unused appropriations. The debits are not distinguished from the credits. SAVE OUR RESOURCES COMMISSION Preclosing Trial Balance September 30, 2023 Proprietary accounts: Accounts Payable Accumulated Depreciation-Plant and Equipment Appropriations Used Fund Balance with Treasury-2023 Operating Materials and Supplies Cumulative Results of Operations-10/1/22 Operating/Program Expenses Depreciation and Amortization Plant and Equipment Unexpended Appropriations-2023 Budgetary accounts: Other Appropriations Realized-2023 Expended Authority-2023 Undelivered Orders-2023 Allotments-2023 $ 154,000 5,370,000 4,520,000 83,000 1,029,000 2,170,000 770,000 8,131,000 430,000 ? 4,520,000 330,000 120,000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 9GI: Give an example and explanation for each of the following differences between when revenues are...

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Question

One amount is missing in the following trial balance of proprietary accounts, and another is missing from the trial balance of budgetary
accounts of the Save Our Resources Commission of the federal government. This trial balance was prepared before budgetary
accounts were adjusted, such as returning unused appropriations. The debits are not distinguished from the credits.
SAVE OUR RESOURCES COMMISSION
Preclosing Trial Balance
September 30, 2023
Proprietary accounts:
Accounts Payable
Accumulated Depreciation-Plant and Equipment
Appropriations Used
Fund Balance with Treasury-2023
Operating Materials and Supplies
Cumulative Results of Operations-10/1/22
Operating/Program Expenses
Depreciation and Amortization
Plant and Equipment
Unexpended Appropriations-2023
Budgetary accounts:
Other Appropriations Realized-2023
Expended Authority-2023
Undelivered Orders-2023
Allotments-2023
$ 154,000
5,370,000
4,520,000
?
83,000
1,029,000
2,170,000
770,000
8,131,000
430,000
?
4,520,000
330,000
120,000
In completing the assignment, assume that all assets are entity assets, Fund Balance with Treasury is an intragovernmental asset, and
all other assets are governmental. Also, assume that Other Appropriations Realized-2022 were zero.
Required
a. Prepare the Statement of Budgetary Resources of the Save Our Resources Commission for 2023.
b. Prepare the Statement of Changes in Net Position of the Save Our Resources Commission for 2023.
c. Prepare the Balance Sheet of the Save Our Resources Commission for 2023.

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