Current Fund 1 and 2 Flashcards
Appropriation Reserves
Operations
To lapse unspent prior year appropriation reserves.
To lapse unspent prior year appropriation reserves.
Appropriation Reserves
Operations
Revenues
Operations
To close revenue accounts to operations.
To close revenue accounts to operations.
Revenues
Operations
Operations
Fund Balance
To close operations to fund balance.
To close operations to fund balance.
Operations
Fund Balance
Current Year Appropriations
Appropriation Reserves
To set up year end appropriations.
To set up year end appropriations.
Current Year Appropriations
Appropriation Reserves
Reserve for Prior Year Taxes Receivable
Receipts for Delinquent Taxes
To realize delinquent tax revenue.
To realize delinquent tax revenue.
Reserve for Prior Year Taxes Receivable
Receipts for Delinquent Taxes
Tax Over-payments
Prior Year Taxes Receivable
To apply over-payments per resolution.
To apply over-payments per resolution.
Tax Over-payments
Prior Year Taxes Receivable
Reserve for Prior Year Taxes Receivable
Reserve for Tax Title Liens
Receipts from Delinquent Taxes
To realize delinquent tax revenue.
To realize delinquent tax revenue.
Reserve for Prior Year Taxes Receivable
Reserve for Tax Title Liens
Receipts from Delinquent Taxes
Grant Appropriation
Due to/from Grant Fund
To charge off grant in the current fund and transfer to grant fund.
To charge off grant in the current fund and transfer to grant fund.
Grant Appropriation
Due to/from Grant Fund
Due to/from Current Fund
Grant Appropriated Reserve
To setup appropriated reserve for grant charged off in current fund.
To setup appropriated reserve for grant charged off in current fund.
Due to/from Current Fund
Grant Appropriated Reserve
Due to/from Grant Fund
Grant Revenue Anticipated
To realize the grant in the current fund and transfer receivable to Grant Fund.
To realize the grant in the current fund and transfer receivable to Grant Fund.
Due to/from Grant Fund
Grant Revenue Anticipated
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Grant Receivable
Due to/from Current Fund
To setup receivable for grant realized in current fund.
To setup receivable for grant realized in current fund.
Grant Receivable
Due to/from Current Fund
Reserve for Prior Year Taxes (1)
Reserve for Prior Year Taxes (2)
Receipts from Delinquent Taxes
To realize delinquent tax revenue and adjust reserves.
To realize delinquent tax revenue and adjust reserves.
Reserve for Prior Year Taxes (1)
Reserve for Prior Year Taxes (2)
Receipts from Delinquent Taxes
Grant- Revenue
Grant- Appropriation
To record Chapter 159 budget amendment.
To record Chapter 159 budget amendment.
Grant- Revenue
Grant- Appropriation
Grant- Unappropriated
Grant- Receivable
To apply unappropriated reserve against grant receivable.
To apply unappropriated reserve against grant receivable.
Grant- Unappropriated
Grant- Receivable
Budget Operations
Reserve due to/from Grant Fund
To record interfund advanced to grant fund.
To record interfund advanced to grant fund.
Budget Operations
Reserve due to/from Grant Fund
Deferred Charge- Cash Deficit
Operations
To close budget operations to fund balance.
To close budget operations to fund balance.
Deferred Charge- Cash Deficit
Operations
Reserve for Uncollected Taxes
Amount to be Raised by Taxation
To charge off reserve for uncollected taxes.
To charge off reserve for uncollected taxes.
Reserve for Uncollected Taxes
Amount to be Raised by Taxation
Current Year Taxes Receivable
Reserve for Current Year Taxes Receivable
To setup current year tax levy.
To setup current year tax levy.
Current Year Taxes Receivable
Reserve for Current Year Taxes Receivable
Amount to be Raised by Taxation
County Taxes Payable
Local School Taxes Payable
To setup county and school taxes levy.
To setup county and school taxes levy.
Amount to be Raised by Taxation
County Taxes Payable
Local School Taxes Payable
Prepaid Taxes
Current Year Taxes Receivable
To apply prepaid taxes to current year taxes receivable.
To apply prepaid taxes to current year taxes receivable.
Prepaid Taxes
Current Year Taxes Receivable
Reserve for Current Year Taxes Receivable
Amount to be Raised by Taxation
To realize current year tax revenue.
To realize current year tax revenue.
Reserve for Current Year Taxes Receivable
Amount to be Raised by Taxation
Reserve for Prior Year Taxes Receivable
Receipts from Delinquent Taxes
To realize prior tax revenue.
To realize prior tax revenue.
Reserve for Prior Year Taxes Receivable
Receipts from Delinquent Taxes
