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At its fiscal year-end, June 30, 2020, Goodwyn City has the following pre-closing trial balance for its debt service fund. The accounting team of Sarkat

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At its fiscal year-end, June 30, 2020, Goodwyn City has the following pre-closing trial balance for its debt service fund. The accounting team of Sarkat Babiry, Adam Barrett, John Luke Davenport, Lexie Habberley, Shelby Hurt, Jonelie Torres, and Rustam Wadia is looking to answer the following questions: Debit 50,000 126,000 1,260,000 Cash Taxes Tecavable, ne Fund balance Revenues Estimated res Other financing sources (OFS) Estimated other financing sources (OFS) Expenditures Appropriations 1,286,000 48.000 50.000 1,201,000 1.200,000 2,713,000 2,713,000 a. What is the beginning balance (as of July 1, 2019) in fund balance? b. What is the pre-closing balance (as of June 30, 2020) in fund balance? c. What is the post-closing balance (as of June 30, 2020) in fund balance? d. Is Goodwyn City better off (good witch) or worse off (bad witch) than originally budgeted and by how much? At its fiscal year-end, June 30, 2020, Goodwyn City has the following pre-closing trial balance for its debt service fund. The accounting team of Sarkat Babiry, Adam Barrett, John Luke Davenport, Lexie Habberley, Shelby Hurt, Jonelie Torres, and Rustam Wadia is looking to answer the following questions D Cred 50,000 Taxes Tech 126,000 1,260,000 1,286,000 Res Estimated reces Other financing sources (OFS) Estimated other financing sources (OFS) Expedie Appropriations 48.000 50.000 1,201,000 2.713,000 1,200,000 2.713.000 a. What is the beginning balance (as of July 1, 2019) in fund balance? b. What is the pre-closing balance (as of June 30, 2020) in fund balance? c. What is the post-closing balance (as of June 30, 2020) in fund balance? d. Is Goodwyn City better off (good witch) or worse off (bad witch) than originally budgeted and by how much

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