Unformatted text preview: Other Financing Uses – Transfer Out to Debt Service Fund 130,000 Debt Service from Current Funds 130,000 Correct for transfer to debt service fund. 4. ENCUMBRANCES 2,800 BUDGETARY FUND BALANCE – RESERVED FOR ENCUMBRANCES 2,800 Correct for unrecorded encumbrances. 5. Expenditures 4,950 Inventory of Supplies 4,950 Correct for supplies used in period. Fund Balance – Unreserved 6,500 Fund Balance – Reserved for Inventory 6,500 Correct for reserve for ending inventory....
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- Fall '11
- Finance, Generally Accepted Accounting Principles, fund balance, government-wide financial statements