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Part A: The question is a two part question with Part B first and Part A second. This is for ACCT567. I would appreciate a
Part A:
The question is a two part question with Part B first and Part A second. This is for ACCT567. I would appreciate a breakdown of the answers im still learning and need to follow a template. I do believe once I can see a visual I would be able to follow the concepts with more fluidity. Thank you!
Greenville has provided the following information from its General Fund Revenues and Appropriations/Expenditure/Encumbrances subsidiary ledgers for the fiscal year ended. Assume the beginning fund balances are $142 (in thousands) and that the budget was not amended during the year. Culture \& Recreation 0 Other Financing Uses Interfund Transfers Out 39 a. Prepare a General Fund statement of revenues, expenditures, and changes in fund balance. b. Prepare a General Fund schedule of revenues, expenditures, and changes in fund balance-budget and actual (assume the budget is prepared on a GAAP basis). Complete this question by entering your answers in the tabs below. Prepare a General Fund schedule of revenues, expenditures, and changes in fund balance-budget and actual (assume the budget is GAAP basis). (Enter your answers in thousands. Input all amounts as positive values.) Prepare a General Fund statement of revenues, expenditures, and changes in fund balance. (Enter your answers in thousands.)
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