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I need help with problem 1,2,3 and 4 please. thank you. P. 3-7 Different budget-o-actual comparisons serve different purpases. The following information was drawn from
I need help with problem 1,2,3 and 4 please. thank you.
P. 3-7 Different budget-o-actual comparisons serve different purpases. The following information was drawn from a county's general fund budgets and accounts for a particular year (in millions): Actual Results Amended Original (Budget Budget Budget Basis) Revenues $46.6 $42.5 $53.0 Property taxes Sales taxes 16.3 13.6 15.1 1.0 1.0 2.9 3.4 $67.2 S60.0 $72.5 d Licenses and permits 1.1 3.2 Other Total revenues s Expenditures d General government $18.2 S16.2 S18.1 Public safety 29.2 25.1 28.5 9.4 9.6 8.1 1.4- 1.4 Total expenditures S66.6 $59.9 $65.7 9.7 8.I 1.4 sSanitation Culture and recreation Interest 7.8 d Excess of revenues hy over expendituresS 0.6 ct You also learn the following: Beginning End of Yearof Year P. 3-7 Different budget-o-actual comparisons serve different purpases. The following information was drawn from a county's general fund budgets and accounts for a particular year (in millions): Actual Results Amended Original (Budget Budget Budget Basis) Revenues $46.6 $42.5 $53.0 Property taxes Sales taxes 16.3 13.6 15.1 1.0 1.0 2.9 3.4 $67.2 S60.0 $72.5 d Licenses and permits 1.1 3.2 Other Total revenues s Expenditures d General government $18.2 S16.2 S18.1 Public safety 29.2 25.1 28.5 9.4 9.6 8.1 1.4- 1.4 Total expenditures S66.6 $59.9 $65.7 9.7 8.I 1.4 sSanitation Culture and recreation Interest 7.8 d Excess of revenues hy over expendituresS 0.6 ct You also learn the following: Beginning End of Yearof YearStep by Step Solution
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