Determine the budgetary fund balance would be credited, Accounting Basics

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Determine the budgetary fund balance would be credited

A certain government passed its budget for the fiscal year ended December 31, 2014. Estimated Revenues amounted to $13,000,000; Appropriations amounted to $11,900,000; Estimated Other Financing Uses amounted to $700,000; and Estimated Other Financing Sources amounted to $200,000. In the budgetary entry (combining entry): Budgetary Fund Balance would be credited for $3,200,000. Budgetary Fund Balance would be credited for $600,000. Budgetary Fund Balance would be debited for $3,200,000. Budgetary Fund Balance would be credited for $1,600,000.

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Accounting Basics: Determine the budgetary fund balance would be credited

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Accounting Basics: Determine the budgetary fund balance would be credited

Reference No:- TGS0684282

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Recent Questions Asked Accounting Basics

Q : Calculations to receive credit

Q : Calculate smiths maximum depreciation expense

Q : Calculate the maximum depreciation expense for eal property

Q : Property taxes on the factory building

Q : Determine the budgetary fund balance would be credited

Q : Calculate the sum-of-the-years digits method

Q : What was melodys basis in the stock on the date of sale

Q : Determine the total overhead to be applied

Q : What must bill report on his tax return

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Determine the budgetary fund balance would be credited

Reference No:- TGS0684282

Recent Questions Asked Accounting Basics

Q : Calculations to receive credit

Q : Calculate smiths maximum depreciation expense

Q : Calculate the maximum depreciation expense for eal property

Q : Property taxes on the factory building

Q : Determine the budgetary fund balance would be credited

Q : Calculate the sum-of-the-years digits method

Q : What was melodys basis in the stock on the date of sale

Q : Determine the total overhead to be applied

Q : What must bill report on his tax return

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