The Following Transactions Occurred for the City of Fontaine's General

question 66

Essay

The following transactions occurred for the City of Fontaine's General Fund.
1. The budget prepared for the fiscal year included Total estimated revenues of $2,774,000 and appropriations of $2,693,000.
2. Encumbrances issued against the appropriations during the year were $931,000.
3. The current year's tax levy of $2,005,000 was recorded; uncollectibles were estimated as $65,000.
4. Collections of delinquent taxes from prior years' levies totaled $132,000; collections of the current year's levy totaled $1,459,000.
5. Invoices were received and approved for payment for items ordered in documents recorded as encumbrances in Transaction (2) of this problem. The estimated liability was $851,200. Actual costs were $850,500.
6. Revenue other than taxes collected during the year consisted of licenses and permits, $373,000; intergovernmental revenue, $400,000; and $66,000 of miscellaneous revenues.
7. Payments on Vouchers Payable totaled $1,505,000.
Prepare the journal entry. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

Recognize the impact of human activities on the current geological epoch and biodiversity.

Learn about the role of plate tectonics in the geological and biological evolution of Earth.

Understand the effects of climate change on ecosystems and species distributions.

Recognize the significance of dating geological events absolutely versus relatively.

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Definitions:

Human Chorionic Gonadotropin

A hormone produced by the placenta after implantation, often measured as a marker in pregnancy tests.

Test

An examination or procedure done to detect or measure something, often used to diagnose diseases or conditions.

Placenta

An organ located between the mother and the fetus. It permits the absorption of nutrients and oxygen. In some cases, harmful substances such as viruses are absorbed through the placenta.

Vaginal Bleeding

Abnormal bleeding from the vagina, which can be due to various causes such as injury, infection, or underlying health conditions.