Question
1.Find fund balance Cash: 67 A/R: 24 A/P: 18 Merchandise: 45 Machine: 42 Salary/P: 36 Mortgage/P: 55 2. Find fund balance Dec.31 Revenues: 400 Expenses:
1.Find fund balance
Cash: 67
A/R: 24
A/P: 18
Merchandise: 45
Machine: 42
Salary/P: 36
Mortgage/P: 55
2. Find fund balance Dec.31
Revenues: 400
Expenses: 275
Transfer to Fund A: 50
Transfer to Fund B: 40
B/P: 125
Fund Balance Jan. 1: 600
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Financial Accounting Theory
Authors: William R Scott
5th Edition
0132072866, 978-0132072861
