Question
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.
SAVE OUR RESOURCES COMMISSION | |||
Preclosing Trial Balance | |||
September 30, 2023 | |||
Proprietary accounts: | |||
Accounts Payable | $ | 230,000 | |
Accumulated DepreciationPlant and Equipment | 4,800,000 | ||
Appropriations Used | 4,500,000 | ||
Fund Balance with Treasury2023 | ? | ||
Operating Materials and Supplies | 63,000 | ||
Cumulative Results of Operations10/1/22 | 1,009,000 | ||
Operating/Program Expenses | 2,150,000 | ||
Depreciation and Amortization | 750,000 | ||
Plant and Equipment | 7,400,000 | ||
Unexpended Appropriations2023 | 410,000 | ||
Budgetary accounts: | |||
Other Appropriations Realized2023 | ? | ||
Expended Authority2023 | 4,500,000 | ||
Undelivered Orders2023 | 310,000 | ||
Allotments2023 | 100,000 | ||
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 Realized2022 were zero.
Required
Prepare the Statement of Budgetary Resources of the Save Our Resources Commission for 2023.
Prepare the Statement of Changes in Net Position of the Save Our Resources Commission for 2023.
Prepare the Balance Sheet of the Save Our Resources Commission for 2023.
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