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Preparation of governmental funds statement of revenues, expenditures, and changes in fund balance ...

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Accounting

Preparation of governmental funds statement of revenues, expenditures, and changes in fund balance
West Chester County's General Fund had the following account balances at June 30,2022.
Sales tax revenues $1,200,000
Property tax revenues 1,000,000
Expenditurescounty sheriff 750,000
Expendituresall other departments 1,300,000
Fund balance, July 1,2021150,000
Transfer out to Debt Service Fund 100,000
Transfer in from Special Revenue Fund 50,000
Prepare West Chester Countys General Fund statement of revenues, expenditures,
and changes in fund balance for the year ended June 30,2022.
Enter revenues, expenditures, and other financing sources (uses) in order of
magnitude (largest to smallest).

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