Essay
The City of Fairport adopted the following budget for fiscal year 2014:
In addition,the City reported the following actual amounts for the same fiscal year.
Required:
Prepare a budgetary comparison schedule for the City for the year ended December 31,2014 assuming the fund balance of the General Fund (budgetary basis)was $627,000 at January 1,2014.No "original budget" column is required.Include a "variance" column.
Correct Answer:

Verified
Correct Answer:
Verified
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