The preclosing, year-end trial balance for a capital projects fund of the city of Rochester as of December 31, 2019, follows: Debit Credit Cash .

Academic Writing accounting, business-managerial-accounting The preclosing, year-end trial balance for a capital projects fund of the city of Rochester as of December 31, 2019, follows: Debit Credit Cash .

accounting, business-managerial-accounting

The preclosing, year-end trial balance for a capital projects fund of the city of Rochester as of December 31, 2019, follows: Debit Credit Cash .

The preclosing, year-end trial balance for a capital projects fund of the city of Rochester as of December 31, 2019, follows: Debit         Credit Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .110,000 Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .250,000 Contracts Payable—Retained Percentage. . . . . . . . . . .                     110,000 Revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                        41,600 Other Financing Sources . . . . . . . . . . . . . . . . . . . . . . . . . .                     800,000 Expenditures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .586,600 Other Financing Uses . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5,000 Encumbrances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000 Fund Balance—Assigned for Encumbrances. . . . . . . .                        80,000 Estimated Revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000 Estimated Other Financing Sources. . . . . . . . . . . . . . . . 900,000 Appropriations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                       600,000 Estimated Other Financing Uses . . . . . . . . . . . . . . . . . .                         15,000 Budgetary Fund Balance—Unassigned. . . . . . . . . . . .                         295,000 Totals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1,941,600     1,941,600 1. Prepare closing entries as of December 31, 2019. 2. Prepare the year-end statement of revenues, expenditures, and changes in fund balances for this project that began on January 2, 2019. 3. Prepare the fund balance sheet as of December 31, 2019.

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