18-16 - Due from General Fund 3,000 Fund Debt Service Cash...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
P18-16 Fund Journal Entries 1 General ESTIMATED REVENUES CONTROL 400,000 Fund APPROPRIATIONS CONTROL 394,000 BUDGETARY FUND BALANCE UNRESERVED 6,000 2 General Taxes Receivable - Current 390,000 Fund Revenue - Taxes 382,200 Allowance for Uncollectibles - Current 7,800 3 Private Investments 50,000 Trust Contributions 50,000 Fund Cash 5,500 Revenue - Interest 5,500 4 General Other Financing Use - Transfer Out to Internal Service Fund 5,000 Fund Cash 5,000 Internal Cash 5,000 Service Transfer In from General Fund 5,000 Fund 5 Capital Cash 72,000 Projects Other Financing Source - Bond Issue Proceeds 72,000 Fund Due from General Fund 3,000 Other Financing Source - Transfer In from General Fund 3,000 Debt Special Assessment Receivable 24,000 Service Revenue - Special Assessment 24,000 Fund General Other Financing Use - Transfer Out to Capital Proj. Fund 3,000 Fund Due to Capital Projects Fund 3,000 6 General Due to Capital Projects Fund 3,000 Fund Cash 3,000 Capital Cash 3,000 Projects
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Due from General Fund 3,000 Fund Debt Service Cash 24,000 Fund Special Assessment Receivable 24,000 7 Capital ENCUMBRANCES 75,000 Projects BUDGETARY FUND BALANCE RESERVED FOR ENC 75,000 Fund BUDGETARY FUND BALANCE RESERVED FOR ENC 75,000 ENCUMBRANCES 75,000 Expenditures 75,000 Contracts Payable 75,000 Contracts Payable 75,000 Cash 75,000 8 Internal Inventory of Supplies 1,900 Services Cash or Vouchers Payable 1,900 Fund 9 General Cash 393,000 Fund Taxes Receivable - Current 386,000 Revenue - Licenses and Fees 7,000 Allowance for Uncollectibles - Current 3,800 Revenues - Taxes 3,800 Estimate 7,800 Correction 3,800 10 Capital Projects Cash 500,000 Fund Other Financing Source - Bond Issue Proceeds 500,000 11 General BUDGETARY FUND BALANCE RESERVED FOR ENC 15,000 Fund ENCUMBRANCES 15,000 Expenditures 15,000 Cash 15,000 Actual (4,000 )...
View Full Document

Page1 / 2

18-16 - Due from General Fund 3,000 Fund Debt Service Cash...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online