City of Monroe

special_revenue_fund_template.xls

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SRF Journal Entries


reference	Account Titles	Debits	Credits
3-C
				Type journal entries in the space provided. Link these to the T-accounts and link the T-account balances
				to the financial statements provided on the tabs at the bottom of the page.
4-C

&L&"Arial,Bold"&14City of Monroe- Street and Highway Fund Journal Entries

SRF T-accounts

									DUE FROM
	CASH				INVESTMENTS				STATE GOV'T
bb	6,500			bb	55,000			bb	200,000
	6,500				55,000				200,000
					BUDGETARY FUND BALANCE				FUND BALANCE
	ACCOUNTS PAYABLE			RESERVE FOR ENCUMBRANCES	RESERVE FOR ENCUMBRANCES				(beginning of year)
		6,300	bb			-	bb			255,200	bb
		6,300
						-				255,200
	REVENUES				REVENUES				EXPENDITURES - STREET
	INTERGOVERNMENTAL				INVESTMENT INTEREST			& HIGHWAY MAINTENANCE				ENCUMBRANCES
		-				-			-			-
BUDGETARY ACCOUNTS
									BUDGETARY
	ESTIMATED REVENUES				APPROPRIATIONS				FUND BALANCE
	-					-				-

&L&16City of Monroe&C&16 Street and Highway Fund - General Ledger

Closing Entries


				BUDGETARY
Account Title	Debits	Credits		FUND BALANCE
					-	Preclosing
						closing entry
					-
				FUND BALANCE
					255,200	Preclosing
						closing entry
					255,200	ending balance
Complete the following table
	Non-spendable	Restricted	Committed	Assigned	Unassigned	Total
Fund Balance						-
Budgetary Fund Balance - Reserve for Encumbrances						-
Totals	-	-	-	-	-	-

&L&14City of Monroe&C&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		$ -

&L&"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, 2014

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			$ -

&L&"Times New Roman,Regular"&14City of Monroe Street & Highway Maintenance Fund Balance Sheet As of December 31, 2014