governmental

Prepare a trial balance of the Revenues Ledger after posting the general journal entries prepared in item (a). Show agreement with the control accounts. Prepare the general journal entry(ies) to close the revenue accounts in the General Leger and Revenues Ledger. The following are the estimated revenues for a Special Revenue Fund of the city of Marcella at January 1, 20X5: The city records its transactions on a cash basis during the year and adjusts to the modified accrual basis at year end. At the end of January, the following SRF collections had been made. An unanticipated grant-in-acid of $5,000 was received from the state of February 1. SRF collections for the remaining 11 months were as follows: Prepare a trial balance of the Revenues Ledger after posting the general journal entries prepared in item (a). Show agreement with the control accounts. Prepare the general journal entry(ies) to close the revenue accounts in the General Leger and Revenues Ledger. The following are the estimated revenues for a Special Revenue Fund of the city of Marcella at January 1, 20X5: The city records its transactions on a cash basis during the year and adjusts to the modified accrual basis at year end. At the end of January, the following SRF collections had been made. An unanticipated grant-in-acid of $5,000 was received from the state of February 1. SRF collections for the remaining 11 months were as follows