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answers for government and not for profit making accounting please Question 2010 Marks) The pre-closing trial balance of the General Fund for the City of

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answers for government and not for profit making accounting please

Question 2010 Marks) The pre-closing trial balance of the General Fund for the City of Lusaka shows the following balances at the end of its fiscal year. Budgetary fund balance Fund balance, beginning (actual) Estimated revenues Appropriations Revenues (actual) Expenditures K 10,000 150,000 620,000 610,000 625,000 605,000 Based on information presented above: a. Prepare closing entries for the budgetary and financial accounts. b. Calculate the ending fund balance for the city of Thomaston. (Show your work.)

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