Question
As of January 1 2011 the city of x presented the following budgeted transaction of the general fund. estimated revenue 20,200,000;estimated expenditure19,380,000;transfer from water utility
As of January 1 2011 the city of x presented the following budgeted transaction of the general fund. estimated revenue 20,200,000;estimated expenditure19,380,000;transfer from water utility fund 1,600,000; transfer to debt service fund anticipated 1,200,000.
prepare the necessary journal entry to record the above budgets?
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Cornerstones of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
4th edition
1305970667, 978-1337514842, 1337514845, 978-1305970663
