The City of Jackson Hole adopted the following General Fund budget for fiscal year 2017:
Estimated revenues:
Required
Prepare a summary general journal entry to record the adopted budget at the beginning of FY 2017.You may ignore entries in the subsidiary ledger accounts.

Question

The City of Jackson Hole adopted the following General Fund budget for fiscal year 2017:
Estimated revenues:
  Required
Prepare a summary general journal entry to record the adopted budget at the beginning of FY 2017.You may ignore entries in the subsidiary ledger accounts.

Quizplus · Accepted Answer

The Answer of The City of Jackson Hole adopted the following General Fund budget for fiscal year 2017:
Estimated revenues:
  Required
Prepare a summary general journal entry to record the adopted budget at the beginning of FY 2017.You may ignore entries in the subsidiary ledger accounts.

The City of Jackson Hole Adopted the Following General Fund