question archive The following information was drawn from the accounts and records of Russ Township:Locally levied gas tax restricted to street maintenance$1,000,000Grant from state for widening and repaving Main Street4,000,000Unrestricted charges for ambulance services provided by fire department250,000Contributions from local businesses—restricted for youth recreation programs
The following information was drawn from the accounts and records of Russ Township:Locally levied gas tax restricted to street maintenance$1,000,000Grant from state for widening and repaving Main Street4,000,000Unrestricted charges for ambulance services provided by fire department250,000Contributions from local businesses—restricted for youth recreation programs
Subject:AccountingPrice: Bought3
The following information was drawn from the accounts and records of Russ Township:Locally levied gas tax restricted to street maintenance$1,000,000Grant from state for widening and repaving Main Street4,000,000Unrestricted charges for ambulance services provided by fire department250,000Contributions from local businesses—restricted for youth recreation programs.75,000Income from Permanent Fund endowment restricted to economic development purposes.120,000Fines that are unrestricted as to use31,000Property taxes restricted for education purposes720,000Shared revenues from the state—restricted for education1,230,000Federal grant revenues—restricted for hiring police officers400,000Federal grant to replace water and sewer lines5,000,000Prepare a schedule computing the amounts to be reported in each of the three minimum program revenues classifications by Russ Township.
