Question
Governmental Budget A budget for City has been approved and the following information is available: Estimated inflow from revenue $900,000 Estimated inflow from general long
Governmental Budget
A budget for City has been approved and the following information is available:
- Estimated inflow from revenue $900,000
- Estimated inflow from general long term debt $100,000
- Transfer from other funds $250,000
- Sales of fixed Assets $300,000
- Estimated outflows expenditures$1,200,000
- Transfer to other funds $ 370,000
Record the above events in a general journal.
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Intermediate Accounting 2014 FASB Update
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
15th edition
978-1118938782, 111893878X, 978-1118985311, 1118985311, 978-1118562185, 1118562186, 978-1118147290
