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a.The projected year-end fund balance for this fund.Year-to-Date = $19700 b.The projected year-end fund balance for this fund.Year-to-Date = $16700 c.The projected year-end fund balance
a.The projected year-end fund balance for this fund.Year-to-Date = $19700 b.The projected year-end fund balance for this fund.Year-to-Date = $16700 c.The projected year-end fund balance for this fund.Year-to-Date = $9200
Question:(Estimating the fund balance at the end of the year) At the end of the preceding year, the General Fund of the Atlas Township School Board had a fund balance of $7500. General Fund revenues and expenditures for the current year are expected to be as shown here. Determine the projected year-end fund balance for this fund. Year-to-Date* Question: (Estimating the fund balance at the end of the year) At the end of the preceding year, the General Fund of the Atlas Township School Board had a fund balance of $7500. General Fund revenues and expenditures for the enrrent year are expected to be as shown here. Determine the projected year- end fund balance for this fund. Year-to-Date Remainder of Year Actual Estimated $6500 2000 7500 5000 Revenues Property taxes $9500 Out-of-township tuition 3000 Share of lottery receipts 8500 State grants Expenditures Salaries $ 3500 Fringe benefits 64100 Operating expenses 2500 Equipment 1100 Transportation 500 Debt service 400 $4500 4600 1500 1400 1000 400Step by Step Solution
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