Question
Problem 15-6 Advanced Accounting. a) A budget was approved for the City of Toma. Estimated revenues are $900,000, appropriations are $875,000, transfers-in from other funds
Problem 15-6 Advanced Accounting. a) A budget was approved for the City of Toma. Estimated revenues are $900,000, appropriations are $875,000, transfers-in from other funds are $27,000, and required transfers to other funds are $20,000. What is the journal entry to record this budget transaction? What is the closing entry to the general fund?
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Artificial Intelligence In Accounting And Auditing Knowledge Representation Accounting Applications And The Future Volume 3
Authors: Miklos A. Vasarhelyi
1st Edition
1558760784, 978-1558760783
