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One amount is missing in the following trial balance of proprietary accounts, and another is missing from the trial balance of budgetary accounts of the
One amount is missing in the following trial balance of proprietary accounts, and another is missing from the
trial balance of budgetary accounts of the Save Our Resources Commission of the federal government. This
trial balance was prepared before budgetary accounts were adjusted, such as returning unused
appropriations. The debits are not distinguished from the credits.
In completing the assignment, assume that all assets are entity assets, Fund Balance with Treasury is an
intragovernmental asset, and all other assets are governmental. Also, assume that Other Appropriations
Realized were zero.
Required
a Prepare the Statement of Budgetary Resources of the Save Our Resources Commission for
b Prepare the Statement of Changes in Net Position of the Save Our Resources Commission for
c Prepare the Balance Sheet of the Save Our Resources Commission for
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