(Closing entries) At the end of FY 2004, the following balances were found in the ledger of...

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(Closing entries) At the end of FY 2004, the following balances were found in the ledger of the Castle Rock Park Library Fund:

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Required: Prepare closing entries. What was the net effect on Unreserved fund balance?

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Introduction To Government And Not For Profit Accounting

ISBN: 9780130464149

5th Edition

Authors: Martin Ives, Joseph R. Razek, Gordon A. Hosch

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Question Posted: Jun 04, 2024 02:12 AM

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(Closing entries) At the end of FY 2004, the following balances were found in the ledger of...

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Estimated revenues $800,000 Appropriations 750,000 Budgetary fund balance 50,000 Revenues 775,000 Expenditures 760,000

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Introduction To Government And Not For Profit Accounting

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