The following table shows the total revenue and expenditures during the budget period ended in...
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The following table shows the total revenue and expenditures during the budget period ended in 2020 (numbers in million): Items Budget Allocation Actual Received or paid Income Tax 4500 4600 4520 Sales Tax 2200 2050 2110 Salaries 3200 3140 3120 Fuels 700 650 670 Buildings 2200 2180 2120 Furniture 900 930 960 N Additional Information: There are maintenance contracts, which have been siped, with service companies worth $0 million JD and have not been implemented yet. The percentage of depreciation is 20% for buildings and 10% for Furniture The balance of treasury is 650 million at the beginning of 2020. Activate Windows Instructions: Based on the above information determine the values of the following items by applying the Modified Accrual Banin 1- Total of revenues is DV A-6700 B6650 C7280 D- None of the above 2- Total of expenditures is DV A. 6,830 B- 7,010 C. 7,000 Activate Windows Go to Settings to activate Windows D- None of the above 3- Balance of final account for the current period is: A- 370 Surplus B- 390 Deficit w C- 370 Deficit D- None of the above 4. Balance of Surplus Deficit on 31/12/2020 is: A- 280 Surplus B- 280 Deficit C- 260 Surplus Activate W Go to Settings D- None of the above 5. Balance of Treasury on 31/12/2020 is: A 260 B-280 x C. 180 D- None of the above 6- Balance of commitment reserve is: A. 60 B- 100 180 D. None of the above
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