The adjusted trial balance for White River for the fiscal year ended June 30, 20X9, is presented below. Required:
a. Prepare a statement of revenues, expenditures, and changed in fund balance for White River for the year ended June 30, 20X9. Assume there were no supplies or outstanding encumbrances at the beginning of the year.
b. Prepare a balance sheet for White River at June 30, 20X9.

Question

The adjusted trial balance for White River for the fiscal year ended June 30, 20X9, is presented below.  Required:
a. Prepare a statement of revenues, expenditures, and changed in fund balance for White River for the year ended June 30, 20X9. Assume there were no supplies or outstanding encumbrances at the beginning of the year.
b. Prepare a balance sheet for White River at June 30, 20X9.

Quizplus · Accepted Answer

The Answer of The adjusted trial balance for White River for the fiscal year ended June 30, 20X9, is presented below.  Required:
a. Prepare a statement of revenues, expenditures, and changed in fund balance for White River for the year ended June 30, 20X9. Assume there were no supplies or outstanding encumbrances at the beginning of the year.
b. Prepare a balance sheet for White River at June 30, 20X9.

The Adjusted Trial Balance for White River for the Fiscal