Chap017-baker 30

Chap017-baker 30 - Debit Credit Cash $ 191,000 Property Tax...

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Chapter 17 - Governmental Entities: Introduction and General Fund Accounting 17-30 P17-15 (continued) 3. ENCUMBRANCES 1,800,000 BUDGETARY FUND BALANCE – RESERVED FOR ENCUMBRANCES 1,800,000 Record purchase orders. BUDGETARY FUND BALANCE – RESERVED FOR ENCUMBRANCES 1,773,000 ENCUMBRANCES 1,773,000 Reverse reserve for items received. Expenditures 1,788,000 Vouchers Payable 1,788,000 Actual expenditures for items received. Vouchers Payable 1,793,000 Cash 1,793,000 Vouchers paid. 4. Due from Central Stores Fund 13,000 Other Financing Uses – Transfer Out 37,000 Cash 50,000 Other cash payments and transfer. b. Pine Ridge General Fund Preclosing Trial Balance December 31, 20X2
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Unformatted text preview: Debit Credit Cash $ 191,000 Property Tax Receivable Delinquent 93,000 Allowance for Uncollectibles Delinquent $ 16,000 Due from Central Stores Fund 13,000 Vouchers Payable 26,000 Due to Motor Pool Fund 10,000 Fund Balance Unreserved 161,000 Property Tax Revenue 1,586,000 Sales Tax Revenue 284,000 Miscellaneous Revenue 39,000 Expenditures 1,788,000 Other Financing Uses Transfer Out 37,000 ESTIMATED REVENUES CONTROL 1,877,000 APPROPRIATIONS CONTROL 1,840,000 ESTIMATED OTHER FINANCING USES TRANSFER OUT 37,000 ENCUMBRANCES 48,000 BUDGETARY FUND BALANCE RESERVED FOR ENCUMBRANCES 48,000 $4,047,000 $4,047,000...
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This note was uploaded on 10/09/2011 for the course ACC 253 taught by Professor Strimling during the Fall '11 term at Harper.

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