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Problem: (Budgetary fund Balance)

Compute the debit or credit, if any, to be made to the Budgetary fund baiance for a county's General Fund under each of the following assumptions:

a. Budgeted revenues and expenditures each are $30,000,000.

b. Budgeted revenues are $30,000,000, and budgeted expenditures are $31,500,000.

c. Budgeted revenues are $33,000,000, and budgeted expenditures are $32,600,000.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92588557

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