Question
Problem: Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the year ended December 31, 2017. Confirm that the revenue and expenditure
Problem: Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the year ended December 31, 2017. Confirm that the revenue and expenditure control accounts agree with the following detail and use this information in the Statement:
Previous information in the problem:
Problem: Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the year ended December 31, 2017. Confirm that the revenue and expenditure control accounts agree with the following detail and use this information in the Statement:
Revenues Expenditures General Government... $1,646,900 Sales Taxes Interest and Penalties on Taxes. Licenses and Permits Intergovernmental 2,942,000 Highways and Streets 1,441,400 16,100 800,000 332,000 Health . . . . 724,100 Miscellaneous Revenue350,000 Culture and Recreation 917,300
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