The following information is provided about some of the Town of
Truesdale’s General Fund operating statement and budgetary accounts
for the fiscal year ended June 30

Estimated
revenues $ 3,150,000
Revenues 3,190,000
Appropriations 3,185,000
Expenditures 3,175,000
Estimated other
financing sources 400,000
Encumbrances 20,000
Encumbrances
outstanding 20,000
Budgetary fund balance (calculate)
The Town of Truesdale will honor all of its outstanding
encumbrances in the next fiscal period. Prepare the journal
entry(ies) to close budgetary accounts required to be closed at the
fiscal year end using the information provided

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

Factors like the unemployment rate,the stock market,global trade,economic policy,and the economic situation of other countries have no influence on the financial status of individuals. true or false

Which of the following tasks would be a line cook's main responsibility? oa. frying french fries ob. chopping onions oc. taking inventory of stocked dry goods od. paying invoices