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The Unadjusted Trial Balance for the General Fund of the City

Question 1

Essay

The unadjusted trial balance for the general fund of the City of Nineva at June 30, 2014 is as follows:
The unadjusted trial balance for the general fund of the City of Nineva at June 30, 2014 is as follows: Supplies on hand at June 30, 2014 totaled $8,000. The $60,000 encumbrance relates to equipment ordered but not received by fiscal year-end. Required: Prepare a balance sheet for the general fund of the City of Nineva at June 30, 2014. Supplies on hand at June 30, 2014 totaled $8,000. The $60,000 encumbrance relates to equipment ordered but not received by fiscal year-end.
Required:
Prepare a balance sheet for the general fund of the City of Nineva at June 30, 2014.

Correct Answer:

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