Budgetary Comparison Schedule

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Part One:

Review the financial information pertaining to the City of Northern Pines in problem. Prepare, in good form, a Statement of Activities for the city of Northern Pines for the year ended June 30, 2012. Northern Pines has no component units.

Part Two:
Review the financial information pertaining to the city of Eastern Shores From the information given, prepare in good form, a General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances for the city of Eastern Shores General Fund for the Year Ended September 30, 2012.

Part Three:
Review the financial transactions pertaining to the City of Springfield in problem 3-12 on pages 82 and 83.

  1. Record the transactions using appropriate journal entries.
  2. Prepare a budgetary comparison schedule for the General Fund

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