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Continuous Problem City Of Monroe Solution Guide

Continuous Problem City Of Monroe Solution Guide

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Continuous Problem City Of Monroe Solution Answers

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This portion of the continuous problem continues the General Fund and special revenue fund examples by requiring the recording and posting of the budgetary entries.

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To reduce clerical effort required for the solution use control accounts for the budgetary. City of Monroe – General Fund Journal Entries Chapter 4 Continuous Problem General Fund Journal Account Titles Debits 3-C Estimated Revenues Control 11250000 Appropriations Control Estimated Other Financing Uses Control Budgetary Fund Balance 4-C 1 Encumbrances 17000 BFB-Reserve for Encumbrances 2 Defferred inflows Property Taxes 21000 Revenue Control 3. Problem city of monroe solution answers is additionally useful.

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City of Monroe – General Fund Journal Entries reference Account Titles Debits Credits 3-C Estimated Revenues Control 11250000 Appropriations Control 9300000 Estimated Other Financing Uses Control 1700000 Budgetary Fund Balance 250000 4-C 1 Encumbrances Control 17000 Budgetary Fund Balance – Reserve for Encumbrances 17000 2 Deferred. You could buy lead continuous problem city of monroe solution answers or get it as soon as. The Balance Sheets of the General Fund and the Street and Highway Fund of the City of Monroe as of December 31 2014 follow.

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Jun 21 2016 Continuous Problem City of Monroe SOLUTION Dat e Account Title and Explanation Debit Credit 1 Encumbrance 17000 Reserve for Encumbrances 17000 To record reestablishments of encumbrance 2 Deferred Inflows Property Taxes 21000 Revenue 21000 Deferred Inflows roperty taxes recognized as revenue 3 Property Tax Receivable 6800000. This is a problem. Continuous Problem City Of Monroe Solutions Continuous Problem City of Monroe 3C.

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