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P 4 - 3 4 ( Transactions and financial statements ) The trustees of the Ketzel Park Special Revenue Fund approved the following budget for
PTransactions and financial statements
The trustees of the Ketzel Park Special Revenue Fund approved the following budget for calendar year :
Transactions and events for calendar year were as follows:
Recorded the approved budget for the year.
Collected $ in general admissions fees and $ in big cat zoo admissions fees during the year.
Ordered supplies for $
All supplies ordered in the previous transaction arrived, together with an invoice for $ The invoice
was approved for payment, but was not paid during the year.
The Ketzel Park trustees approved a $ increase in the cat food appropriation.
During the year, salaries were paid in the amount of $ Also, at yearend, an accrual of $ was
made for salaries earned but not paid.
Cat food in the amount of $ was ordered, paid for, and consumed. Purchase orders for cat food are not
prepared. Record the liability for receipt of the food and the payment.
ASSUME THE BEGINNING FUND BALANCE WAS $
ASSUME THAT THE FUND BALANCE IS CLASSIFIED AS COMMITTED
PLEASE PREPARE TACOUNTS AND A TRAIL BALANCE FOR THIS PROBLEM. I ONLY NEED THE TACCOUNTS AND TRAIL BALANCE AS THE ANSWER TO THIS QUESTION
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