An Adjusted Trial Balance Is Provided Below for the Dade

question 39

Essay

An adjusted trial balance is provided below for the Dade County copy services department at June 30,2014.
$$\begin{array} { l l } \text { Cash } & \$ 21,000 \\\text { Due from Enterprise Fund } & 6,000 \\\text { Due from Debt Service Fund } & 2,000 \\\text { Supplies inventory } & 5,000 \\\text { Supplies used } & 3,000 \\\text { Equipment } & 32,000 \\\text { Salary expense } & 25,000 \\\text { Utility expense } & 9,000 \\\text { Depreciation expense } & 6,000 \\\text { Operating transfer to General Fund } &\underline{ 4,000}\\&\underline{\$113,000}\end{array}$$ $$\begin{array} { l l } \text { Accumulated depreciation } & \$ 24,000 \\\text { Accounts payable } & 2,000 \\\text { Advance from General Fund (not for capital assets) } & 10,000 \\\text { Capital Contribution from General Fund } & 1,000 \\\text { Net position (beginning) } & 28,000 \\\text { Revenue - services billed } &\underline{ 48,000 }\\ & \underline{\$ 13,000}\end{array}$$ Required:
1.Prepare a statement of revenues,expenses and changes in net position for the copy services department for the year ended June 30,2014.
2.Prepare a statement of net position for the copy services department at June 30,2014.Assume all assets are not externally or internally restricted.

---

Definitions:

User-Driven Insights

User-driven insights are understandings and conclusions derived from the analysis of user data, behaviors, and feedback, which inform product development and marketing strategies.

Qualitative Research

Qualitative research is a research method focused on understanding concepts, thoughts, or experiences through non-numeric data like interviews, observations, and text analysis.

Track the Brand's Performance

Refers to the process of measuring and evaluating the success and progress of a brand over time in the market.

Quantitative Research

A research methodology focused on obtaining and analyzing numerical data to derive insights and patterns about a subject matter.