estion 13 so polita $ For the benefits of the local community, businesses and nonprofit organizations sponsored an educational program operated by the age of San Antonio, for a poup of middle school children by paying the registration fees The following cash receipts were collected Regstason 1.170 Cash loan from bank 15.520 The following cash disbursements were made 16.125 Labor insurance 3.100 310 51.125 Purchase school bus Required A Prepare the journal arries to record revenind Gruments the ty treats the programas entre fund tead of recording the actors above as an enterpriselund, the chymay record revenue and best aspect refund yes when you record revenue and bursements especiale and explain about the You should wywid and paste the table below into the answer erre and complete with the rester formation JOVANALINTRIES Question 13 10 points Save Answer For the benefits of the local community, businesses and nonprofit organizations sponsored an educational program operated by the Village of San Antonio, for a group of middle school children by paying the registration fees. The following cash receipts were collected: 5 Registration 88,170 Cash loan from bank 15,520 The following cash disbursements were made: $ Payroll taxes 8,125 Labor 18,125 Insurance 3,100 310 Interest Purchase school bus 51,125 Required: A Prepare the journal entries to record revenues and disbursements if the city treats the program as an enterprise fund. is marks) B. Instead of recording the transactions above as an enterprise fund, the city may record revenues and disbursements as a special revenue fund. Identify the situation when the city should record revenues and disbursements as special revenue funds and explain about the special revenue fund. (5 marks) estion 13 so polita $ For the benefits of the local community, businesses and nonprofit organizations sponsored an educational program operated by the age of San Antonio, for a poup of middle school children by paying the registration fees The following cash receipts were collected Regstason 1.170 Cash loan from bank 15.520 The following cash disbursements were made 16.125 Labor insurance 3.100 310 51.125 Purchase school bus Required A Prepare the journal arries to record revenind Gruments the ty treats the programas entre fund tead of recording the actors above as an enterpriselund, the chymay record revenue and best aspect refund yes when you record revenue and bursements especiale and explain about the You should wywid and paste the table below into the answer erre and complete with the rester formation JOVANALINTRIES Question 13 10 points Save Answer For the benefits of the local community, businesses and nonprofit organizations sponsored an educational program operated by the Village of San Antonio, for a group of middle school children by paying the registration fees. The following cash receipts were collected: 5 Registration 88,170 Cash loan from bank 15,520 The following cash disbursements were made: $ Payroll taxes 8,125 Labor 18,125 Insurance 3,100 310 Interest Purchase school bus 51,125 Required: A Prepare the journal entries to record revenues and disbursements if the city treats the program as an enterprise fund. is marks) B. Instead of recording the transactions above as an enterprise fund, the city may record revenues and disbursements as a special revenue fund. Identify the situation when the city should record revenues and disbursements as special revenue funds and explain about the special revenue fund
