Question
Please use this link to find the assignment on coursHero: https://www.coursehero.com/tutors-problems/Accounting/8591779-Your-team-has-been-hired-as-the-accountants-for-the-Village-of-AIU-Yo/?justUnlocked=1 ----------I Did like to know why Community development is -$3,475 instead of $1,600 in
Please use this link to find the assignment on coursHero:
https://www.coursehero.com/tutors-problems/Accounting/8591779-Your-team-has-been-hired-as-the-accountants-for-the-Village-of-AIU-Yo/?justUnlocked=1
----------I Did like to know why Community development is -$3,475 instead of $1,600 in the adjustment column"
Take a look at the Estimated Revenue box from the URL link. Every account in the "adjustment" column reflects their perspective amount in the Dr or Cr of the"subsidiary ledger" Box. However, the funds for Community development are -$3475 instead of $1600. Was that an honest mistake?
Lastly, is the Estimated Revenue box the "statement of revenues, expenditures, and changes in fund balancebudget?"
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