the adjusted trial balance for White Rabbit for the fiscal year ended June 30,20x1, is...
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the adjusted trial balance for White Rabbit for the fiscal year ended June 30,20x1, is presented
The adjusted trial balance for White Rabbit for the fiscal year ended June 30,20XI, is presented helow. Required: a. Prepare a statement of revenues, expenditures, and changed in fund balance for White Rabbit for the year ended June 30,20X1. Assume there were no supplies or outstanding encumbrances at the beginning of the year. b. Prepare a balance sheet for White Rabbit at June 30, 20X1. c. What is the amount of the governmental spending authority left at end of year? d. Is the variance with the budget favorable or unfavorable? e. Assume that on the last day of the fiscal year, a purchase order for $10,000 was received. How would this be accounted for? Would any of the year-end financial statements change? Remember: the last 3 accounts on the above are budgetary accounts
the adjusted trial balance for White Rabbit for the fiscal year ended June 30,20x1, is presented

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