the city of jackson adopted the following general fund budget for fiscal year 2014: estimated revenues:

the city of jackson adopted the following general fund budget for fiscal year 2014:

estimated revenues:

taxes                                                          $3,500,000

intergovernmental revenues                        1,200,000

licenses and permits                                       410,000

fines and forfeits                                             140,000

Miscellaneous revenues                                 100,000

Total estimated revenues                     5,350,000

appropriations 

general government                                   $1,500,000

public safety                                                 1,800,000

public works     970,000

health and welfare     860,000

Miscellaneous       50,000

Total appropriations$5,180,000

a) Assuming that a city ordinance mandates a balanced budget, what must be the minimum amount in the Fund Balance- Unassigned account of the General Fund at the beginning of FY 2014? (Note: the city has no restricted, committed, or assigned fund balances.)

b) Prepare the general journal entries to record the adopted budget at the beginning of FY 2014. Show entries in the subsidiary ledger accounts as well as the general ledger accounts.







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10