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The Inventory of Supplies and Fund Balance--Reserved for Inventory of Supplies

Question 47

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  The Inventory of Supplies and Fund Balance--Reserved for Inventory of Supplies have been adjusted to reflect ending inventory. The beginning inventory balance was $0. Fund Balance--Unreserved-Undesignated was $5,000 before the adjustment. -Using the information in Figure 15-1, the year-end trial balance for the General Fund of Gotham City, prepare the June 30, 20X9, General Fund balance sheet for Gotham City. The Inventory of Supplies and Fund Balance--Reserved for Inventory of Supplies have been adjusted to reflect ending inventory. The beginning inventory balance was $0. Fund Balance--Unreserved-Undesignated was $5,000 before the adjustment.
-Using the information in Figure 15-1, the year-end trial balance for the General Fund of Gotham City, prepare the June 30, 20X9, General Fund balance sheet for Gotham City.

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