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Unformatted text preview: Statement of Revenues, Expenditures, and Changes in Fund Balance For Fiscal Year Ended December 31, 20X2 Revenue: County Grant $ 50,000 Expenditures: Capital Outlay 194,500 Deficiency due to excess of Expenditures over Revenue $(144,500) Other Financing Sources (Uses): Proceeds of Bond Issue $156,000 Transfer Out to Debt Service Fund--Premium (6,000) Transfer Out to Debt Service Fund--Remainder (5,500) Total Other Financing Sources (Uses) 144,500 Net Change in Fund Balance $ -0-Fund Balance, January 1, 20X2-0-Fund Balance, December 31, 20X2 $-0-...
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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.
- Fall '11