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The City of Evansville operated a summer camp program for at - risk youth. Businesses and nonprofit organizations sponsor one or more youth by paying
The City of Evansville operated a summer camp program for atrisk youth. Businesses and nonprofit organizations sponsor one or more youth by paying the registration fee for program participants. The following Schedule of Cash Receipts and Disbursements summarizes the activity in the program's bank account for the year.
A At the beginning of the program had unrestricted cash of $
tabletableCash Basis monthsCash receipts:,$
Req A Entries
q a ivec
Req B Entries
eq D runa
Position
Balance
Prepare the joumal entries including closing entries assuming the City intends to treat the summer camp program as a Note: If no entry is required for a transactionevent select No Journal Entry Required" in the first account field.
Journal entry worksheet
A
B
C
D
E
F
G
Record the entry for revenue received in cash.
Note: Enter debits before credits.
tableTransactionGeneral Journal,Debit,Credita
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