The Balance Sheets of the General Fund and the Street and Highway Fund of the City of Monroe as of December 31, 2014, follow. These (beginning)…

I need help answering the following questions using the information attached. 

c. Prepare and post the closing entries for the General Fund. Outstanding encumbrances at

year end are classified as Assigned Fund Balance and all remaining net resources are

classified as Unassigned Fund Balance.

d. Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the year

ended December 31, 2015. Confirm that the revenue and expenditure control accounts

agree with the following detail and use this information in the Statement:

Revenues Expenditures

Property Taxes . . . . . . $6,657,500 General Government . . . $1,646,900

Sales Taxes 2,942,000 Public Safety . . . . . . . . . 3,026,900

Interest and Penalties

on Taxes . . . . . . . . . . . 16,100 Highways and Streets . . 1,441,400

Licenses and Permits . 800,000 Sanitation . . . . . . . . . . . . 591,400

Intergovernmental

Revenue . . . . . . . . . . . 332,000 Health . . . . . . . . . . . . . . 724,100

Miscellaneous Revenue 350,000 Welfare . . . . . . . . . . . . . 374,300

Total . . . . . . . . . . . . $11,097,600 Culture and Recreation . 917,300

 Capital Outlay . . . . . . . . 492,800

 Total . . . . . . . . . . . . . $9,215,100

e. Prepare in good form a Balance Sheet for the General Fund as of the end of fiscal year,

December 31, 2015.







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