You are to use the same topic that you chose in the first…

  You are to use the same topic that you chose in the first assignment.  1. What causes homelessness in the United States? 2. Why does the United States have a housing dilemma?  3. What causes illiteracy in the United States? 4. Why does the United States have issues with illegal immigration? (Consider what is happening in other countries.) 5. Why are students dropping out of college in the United States?

The City of Jackson Hole adopted (via a city council vote) t…

The City of Jackson Hole adopted (via a city council vote) the following General Fund budget for the fiscal year: Estimated revenues: Taxes $ 3,000,000 Intergovernmental revenues 1,000,000 Licenses and permits 400,000 Fines and forfeits 150,000 Miscellaneous revenues 100,000 Total estimated revenues $ 4,650,000 Appropriations: General government $ 1,000,000 Public safety 2,000,000 Public works 950,000 Health and welfare 850,000 Miscellaneous revenues 50,000 Total appropriations $ 4,850,000   Other Financing Sources Interfund transfers in $ 300,000   Prepare a summary general journal entry to record the adopted budget at the beginning of the fiscal year.   Using the journal entry you have prepared match the account titles with its corresponding debit or credit and amount.  Some account titles may not have a matching debit or credit and amount.  For these, the proper answer would be “Not Applicable to Budget Accounting”