Question
Question: Statement of Revenues, Expenditures, and Changes in Fund Balance for Ima County's Special Revenue Fund for fiscal year ended 2010 Balance sheet at year
- Question:Statement of Revenues, Expenditures, and Changes in Fund Balance for Ima County's Special Revenue Fund for fiscal year ended 2010
- Balance sheet at year ended 2010 for Ima County's Special Revenue Fund
- Closing entries for fiscal year ended 2010
The following financial information is available for Ima County for fiscal year ended November 30, 2010:
Debits ($)
Credits ($)
Cash
50,000
Taxes Receivable - Delinquent
65,000
Allowance for Uncollectible Delinquent Taxes
9,500
Due from General Fund
15,500
Advance to Enterprise Fund
36,500
Accrued Receivables
7,500
Vouchers Payable
35,000
Due to Internal Service Fund
5,000
Accrued Payables
7,800
Fund Balance
50,200
Taxes Revenue
675,000
Intergovernmental Revenue
105,500
Charges for Services
76,000
Other Revenue
5,500
General Government Expenditure
350,000
Parks and Recreation Expenditure
215,000
Social Services Expenditure
235,000
Other Expenditure
5,000
Transfer to Debt Service Fund
10,000
Transfer from Capital Project Fund
20,000
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