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The City of Southern Pines maintains its books so as to prepare fund accounting statements and prepares worksheet adjustments in order to prepare government-wide financial
The City of Southern Pines maintains its books so as to prepare fund accounting statements and prepares worksheet adjustments in order to prepare government-wide financial statements. You are to prepare, in journal form, worksheet adjustments for each of the following situations.
Transfers out from the General Fund to other funds were as follows: 1 entry
- To CPF $400,000
- To DSF $590,000
- To EF $950,000
- To ISF $225,000
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