Harmon School District’s General Fund accounts for all revenues and expenditures. At the start of school year 2019 (which runs from July 1, 2018 to June 30, 2019) the fund balance is $280,000. The approved budget for 2019 follows.
Estimated Revenues
Property taxes $3,000,000
Intergovernmental revenues 900,000Miscellaneous income 50,000
Appropriations
Administration $ 300,000
Instruction 2,600,000
Pensions, other benefits 400,000
Transportation 200,000
Building maintenance 190,000
School supplies 220,000
All other expenditures 70,000
a. Prepare the journal entry to record the approved budget.
b. What will be the size of the fund balance at the end of the year if actual revenues and expenditures are exactly as budgeted?
Answers: 2
Business, 22.06.2019 08:50, terrancebest
Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4
Answers: 2
Business, 22.06.2019 15:30, Kiaraboyd9366
The school cafeteria can make pizza for approximately $0.30 a slice. the cost of kitchen use and cafeteria staff runs about $200 per day. the pizza den nearby will deliver whole pizzas for $9.00 each. the cafeteria staff cuts the pizza into eight slices and serves them in the usual cafeteria line. with no cooking duties, the staff can be reduced by half, for a fixed cost of $75 per day. should the school cafeteria make or buy its pizzas?
Answers: 3
Business, 22.06.2019 17:00, jaymoney0531
Can someone me ? i’ll mark the best answer brainliest : )
Answers: 1
Harmon School District’s General Fund accounts for all revenues and expenditures. At the start of sc...
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