Help with Continuous Problem City of Monroe
aka2016
Copyofch_4_Special_Revenue_studenr_template1.xlsxSRF Entries & T-accounts
| DUE FROM | ||||||||||||||||||
| reference | Account Titles | Debits | Credits | CASH | INVESTMENTS | STATE GOV'T | ||||||||||||
| bb | 23,000 | bb | 59,000 | bb | 107,000 | |||||||||||||
| 3-C | type debit accounts in this column | |||||||||||||||||
| type credit accounts in this column | ||||||||||||||||||
| - | ||||||||||||||||||
| 4-C | ||||||||||||||||||
| 23,000 | 59,000 | 107,000 | ||||||||||||||||
| TOTAL FUND BALANCE | ||||||||||||||||||
| ACCOUNTS PAYABLE | (beginning of year) | |||||||||||||||||
| 9,000 | bb | 180,000 | bb | |||||||||||||||
| 9,000 | 180,000 | |||||||||||||||||
| REVENUES | REVENUES | EXPENDITURES - STREET | ||||||||||||||||
| INTERGOVERNMENTAL | INVESTMENT INTEREST | & HIGHWAY MAINTENANCE | ||||||||||||||||
| - | - | - | ||||||||||||||||
| BUDGETARY ACCOUNTS | ||||||||||||||||||
| BUDGETARY | ||||||||||||||||||
| ESTIMATED REVENUES | APPROPRIATIONS | FUND BALANCE | ||||||||||||||||
| - | - | - | ||||||||||||||||
| BUDGETARY FUND BALANCE | ||||||||||||||||||
| RESERVE FOR ENCUMBRANCES | RESERVE FOR ENCUMBRANCES | ENCUMBRANCES | ||||||||||||||||
| - | bb | |||||||||||||||||
| - | ||||||||||||||||||
| - | ||||||||||||||||||
| Total Debits | 189,000 | |||||||||||||||||
| Total Credits | 189,000 | |||||||||||||||||
&16City of Monroe &16 Street and Highway Fund - General Ledger
Closing Entries
| BUDGETARY | |||||||
| Account Title | Debits | Credits | FUND BALANCE | ||||
| - | Preclosing | ||||||
| closing entry | |||||||
| - | |||||||
| FUND BALANCE | |||||||
| 180,000 | Preclosing | ||||||
| closing entry | |||||||
| 180,000 | ending balance | ||||||
| Complete the following table | |||||||
| Non-spendable | Restricted | Committed | Assigned | Unassigned | Total | ||
| Fund Balance | - | ||||||
&14City of Monroe &14 STREET & HIGHWAY MAINTENANCE FUND - Closing Entries
Stmt of revenues & expenditures
| Revenues | ||
| Intergovernmental Revenues | ||
| Interest on Investments | ||
| Total Revenues | $ - | |
| Expenditures | ||
| Current: | ||
| Street & Highway Maintenance | ||
| Total Expenditures | - | |
| Excess (Deficiency) of Revenues Over Expenditures | - | |
| Fund Balance, January 1 | ||
| Fund Balance, December 31 | $ - | |
&"Times New Roman,Regular"&14City of Monroe Statement of Revenues, Expenditures and Changes in Fund Balance Street and Highway Maintenance Fund For the year ended December 31, 2017
Balance Sheet
| Assets | |||
| Cash | |||
| Investments | |||
| Due from State Government | |||
| Total Assets | $ - | ||
| Liabilities and Fund Equity | |||
| Liabilities | |||
| Accounts Payable | |||
| Fund Equity | |||
| Fund Balance - Restricted for | |||
| Street and Highway Maintenance | |||
| Total Liabilities and Fund Equity | $ - | ||
&"Times New Roman,Regular"&14City of Monroe Street & Highway Maintenance Fund Balance Sheet As of December 31, 2017
