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Prepare budgetary entries, using general ledger control accounts only, for each of the following unrelated situations:
a. Anticipated revenues are $10 million; anticipated expenditures and encumbrances are $9.7 million.
b. Anticipated revenues are $9.7 million; anticipated expenditures and encumbrances are $10 million.
c. Anticipated revenues are $10 million; anticipated transfers from other funds are $1.3 million; anticipated expenditures and encumbrances are $9.7 million; anticipated transfers to other funds are $1.1 million.
d. Anticipated revenues are $9.7 million; anticipated transfers from other funds are $1.1 million; anticipated expenditures and encumbrances are $10 million; anticipated transfers to other funds are $1.3 million.
Determine the stakeholders impacted by audit reports. Analyze the impct of audit reports for each category of stakeholders.
Determine the amount and the character of the gain to be reported by Barbara
a. For Fox Manufacturing, determine the annual manufacturing overhead cost-allocation rate. b. Determine the amount of manufacturing overhead costs allocated to the Maize High School job.
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