The government makes appropriations of RO 150,000 to Muscat School for the month of January 2019. During the month the following transactions occurred: Salary paid RO 35,000 Purchase orders were placed for office supplies RO 49,000 Office supplies were received with a voucher for RO 45,000 An amount of RO 15,000 was transferred to Debt service fund. The unreserved fund balance at the end of the period is:
The government makes appropriations of RO 150,000 to Muscat School for the month of January 2019. During the month the following transactions occurred: Salary paid RO 35,000 Purchase orders were placed for office supplies RO 49,000 Office supplies were received with a voucher for RO 45,000 An amount of RO 15,000 was transferred to Debt service fund. The unreserved fund balance at the end of the period is:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The government makes appropriations of RO 150,000 to Muscat School for the month of January 2019. During the month the following transactions occurred:
Salary paid RO 35,000
Purchase orders were placed for office supplies RO 49,000
Office supplies were received with a voucher for RO 45,000
An amount of RO 15,000 was transferred to Debt service fund.
The unreserved fund balance at the end of the period is:
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