The adjusted trial balance for White River for the fiscal year ended June 30,2009,is presented below.
Required:
a.Prepare a statement of revenues,expenditures,and changed in fund balance for White River for the year ended June 30,2009.Assume there were no supplies or outstanding encumbrances at the beginning of the year.
b.Prepare a balance sheet for White River at June 30,2009.

Correct Answer:
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