This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following budgetary entries would the town of Geneva make upon adoption of its Special ... (Read 24 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jul 5, 2018
Which of the following budgetary entries would the town of Geneva make upon adoption of its Special Revenue Fund Budget for the year? Assume the following:
 
   Estimated Revenues 6,400,000
   Appropriations 6,080,000
 
   Debit Credit
 
  A. Appropriations
  Budgetary Fund Balance
   Estimated Revenues 6,080,000
  320,000
 
  6,400,000
  B. Estimated Revenues
   Appropriations
   Budgetary Fund Balance 6,400,000
  6,080,000
  320,000
  C. Expenditures
  Budgetary Fund Balance
   Revenues 6,080,000
  320,000
 
  6,400,000
  D. Appropriations
   Estimated Revenues 6,400,000
  6,400,000

Question 2

Revenues are equal to the difference between cash receipts and cash payments.
 a. True
  b. False
 
   Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Pariscourtney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jul 5, 2018
Answer to Question 1

B

Answer to Question 2

False


lb_gilbert

  • Member
  • Posts: 588
Reply 2 on: Jul 5, 2018
Excellent

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

The first step in field recovery involves surveying the site, sometimes with special equipment. The first step in field recovery involves surveying the site, sometimes with special equipment.
Creede, Colorado, circa 1890, a rough silver mining town that grew from 660 people in 1889 to over 1 Creede, Colorado, circa 1890, a rough silver mining town that grew from 660 people in 1889 to over 1
To make an ice pack, place crushed ice in a plastic bag, bleed the air out of it, and seal it. Wrap To make an ice pack, place crushed ice in a plastic bag, bleed the air out of it, and seal it. Wrap
How to evaluate angles using cosine, special triangles, the unit circle (Part 2) How to evaluate angles using cosine, special triangles, the unit circle (Part 2)
Severe arthritis can make everyday activities, like writing, typing, and handling objects Severe arthritis can make everyday activities, like writing, typing, and handling objects
Hypnosis and Special Abilities Hypnosis and Special Abilities
Video: Neural regulation of blood pressure - baroreceptor and chemoreceptor reflexes

For a complete list of videos, visit our video library