Chap018-baker 29

Chap018-baker 29 - 5,000 Fund 5. Capital Cash 72,000...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 18 - Governmental Entities: Special Funds and Government-Wide Financial Statements 18-29 P18-13 Entries for Funds [AICPA Adapted] 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 Purpose Contributions 50,000 Trust Fund Cash 5,500 Additions – Interest 5,500 4. General Other Financing Uses – Transfer Out to Internal Service Fund 5,000 Cash 5,000 Internal Cash 5,000 Service Transfer In from General Fund
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 5,000 Fund 5. Capital Cash 72,000 Projects Other Financing Sources Bond Issue 72,000 Due from General Fund 3,000 Other Financing Sources Transfer In from General Fund 3,000 Debt Special Assessments Receivable 24,000 Service Revenue Special Assessments 24,000 Fund General Other Financing Uses Transfer Out to Capital Projects Fund 3,000 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 Due from General Fund 3,000 Fund Debt Cash 24,000 Service Special Assessments Receivable 24,000 Fund...
View Full Document

This note was uploaded on 10/09/2011 for the course ACC 253 taught by Professor Strimling during the Fall '11 term at Harper.

Ask a homework question - tutors are online