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28. Suppose that TCF records all collections made during the first quarter of the year. The correct JE for TCF due to this decision will be to DR Due to OFG for 13,000,000 and to CR Due to Caddo Parish GF for 6,370,000, CR Due to City of Shreveport GF for 5,070,000 and CR Due to Caddo Parish Schools GF for 1,560,000. 29. Assume that the numbers in Q27 above are correct (this may or may not be the actual case - i.e., making this assumption in Q28 does not mean that Q27 is T or that it is not T) Given this assumption, if all of the cash in the TCF following the first quarter is distributed, the correct JE to record this distribution for the TCF is to DR Due to Caddo Parish GF for 6,370,000, DR Due to City of Shreveport GF for 5,070,000, DR Due to Caddo Parish Schools GF for 1,560,000 and CR Cash for 13,000,000 28. Suppose that TCF records all collections made during the first quarter of the year. The correct JE for TCF due to this decision will be to DR Due to OFG for 13,000,000 and to CR Due to Caddo Parish GF for 6,370,000, CR Due to City of Shreveport GF for 5,070,000 and CR Due to Caddo Parish Schools GF for 1,560,000. 29. Assume that the numbers in Q27 above are correct (this may or may not be the actual case - i.e., making this assumption in Q28 does not mean that Q27 is T or that it is not T) Given this assumption, if all of the cash in the TCF following the first quarter is distributed, the correct JE to record this distribution for the TCF is to DR Due to Caddo Parish GF for 6,370,000, DR Due to City of Shreveport GF for 5,070,000, DR Due to Caddo Parish Schools GF for 1,560,000 and CR Cash for 13,000,000

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