The following information is provided about some of the Town of
Truesdale’s General Fund operating statement and budgetary accounts
for the fiscal year ended June 30

Estimated
revenues $ 3,150,000
Revenues 3,190,000
Appropriations 3,185,000
Expenditures 3,175,000
Estimated other
financing sources 400,000
Encumbrances 20,000
Encumbrances
outstanding 20,000
Budgetary fund balance (calculate)
The Town of Truesdale will honor all of its outstanding
encumbrances in the next fiscal period. Prepare the journal
entry(ies) to close budgetary accounts required to be closed at the
fiscal year end using the information provided

The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u.s. banks that cannot borrow elsewhere governments in developing countries during currency crises u.s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u.s. economy (the money supply), the federal reserve will government bonds.

Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls