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Journal Entries

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Accounting
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Journal entries Name Course Institution Date Journal entries 1. Library budget Date 1 Details Estimated revenues Fund balances ( to record revenue estimations) Debit($) 1200000 Credit ($) 1200000 2. Receipt and payment of funds from general fund Date 2 3 Details General funds Fund balance (To record the contribution from the general fund) Fund balances Library appropriations ( To record approvals for the library budget) Debit($) 800000 Credit($) 800000 2000000 2000000 3. Bond issuance Date 4 Details Cash Other sources of finance Fund balances (to record bond issuance) Debit($) 13 ...
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