Question

Prepare the journal entries for the following transactions. Reclass entries should be posted to Fund Balance Assigned. A) For Year 1: Prepare journal entries for the following transactions. B) For Year 2: Prepare journal entries assuming appropriations do not lapse C) Provide a Balance Sheet as of the end of year 2. (assume all beginning balances are zero) Year 1 1. The city budgets estimated revenues of $11,200 and appropriations of $10,600.

Answer 1

Realidades 2 WKBK page 109

Step-by-step explanation:

Realidades 2 WKBK page 109