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What is ending fund balance for central city operating fund

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Reference no: EM132023776

Question - What is the ending fund balance for Central City's Operating Fund, given the following:

$10,000 - Beginning fund balance

Annual activity:

$6,000 - Increase in pledges receivable

$14,000 - Increase in accounts payable

$4,000 - Expenditure for supplies

$12,000 - Grant revenue

$3,000 - Acquisition of fireworks for July 4th celebration

$7,000 - Payment of accounts payable

Reference no: EM132023776

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