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Other Fields Homework Help Accounting Topic started by: goji.go on Oct 21, 2014



Title: The city of Brittainville's Special Revenue Fund levied $350,000 in taxes, of wh
Post by: goji.go on Oct 21, 2014
The city of Brittainville's Special Revenue Fund levied $350,000 in taxes, of which 1% was expected to be uncollectible during the current year. Also during the year, the fund collected $7,500 of interest revenue and $50,000 was transferred from the General Fund. As a result of these transactions fund balance will increase by
A.   $407,500.
B.   $404,000.
C.   $357,500.
D.   $354,000.


Title: Re: The city of Brittainville's Special Revenue Fund levied $350,000 in taxes, of wh
Post by: f_zah1 on Oct 22, 2014
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Title: Re: The city of Brittainville's Special Revenue Fund levied $350,000 in taxes, of wh
Post by: goji.go on Oct 23, 2014
Thanks so much f_zah1.

You were correct :D


Title: Re: The city of Brittainville's Special Revenue Fund levied $350,000 in taxes, of wh
Post by: f_zah1 on Oct 23, 2014
You're very welcome!