Fundamental Accounting Principles -Hardcover
Fundamental Accounting Principles -Hardcover
22nd Edition
ISBN: 9780077632991
Author: Wild
Publisher: MCG
Question
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Chapter 13, Problem 3BPSB

Requirement-1:

To determine

To explain:

The transactions for each journal entry given

2)

To determine

To prepare:

The table showing the Equity account balances at each indicated date

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Check my work The finance director for the City of Green Falls printed the General Fund Revenues and Appropriations Ledgers shown below for the year just ended. REVENUES LEDGER Ref. Account Description Est. Revenues Dr(Cr) Revenues Balance Cr(Dr) Dr(Cr) Estimated Revenues-Taxes-Real Property 102 Budget Authorization 6,452,400 6,452,400 103 Accrued Revenue 104 Previous Deferral 109 Deferral 6,455,000 345,000 (308,000) (2,600) (347,600) (39,600) 110 Budget Amendment 111 Closing entry 40,000 (6,492,400) 400 (6,492,000) 112 Closing entry (6,492,000) Estimated Revenues-Taxes-Sales 102 Budget Authorization. 103 Received in Cash 110 Budget Amendment 111 Closing Entry 112 Closing Entry 736,250 (25,000) (711,250) 710,600 736,250 25,650 650 (710,600) (710,600) e Q Search ་ PRE a 1 < 2/

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Fundamental Accounting Principles -Hardcover

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