Estimated revenues $3,150,000 Revenues $3,190,000 Appropriations $3,185,000 Expenditures $3,175,000 Fund Balance- Unassigned (beginning of the...
80.2K
Verified Solution
Question
Accounting
Estimated revenues $3,150,000
Revenues $3,190,000
Appropriations $3,185,000
Expenditures $3,175,000
Fund Balance- Unassigned (beginning of the year) $600,000
Budgetary Fund Balance (after FY 2013 budget was recorded) ($35,000)
Did the town of truesdale engage in imprudent budgeting practice by authorizing a great amount of expenditures than revenues estimated for the year, or potentially violate town or state balanced budget laws?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.