Indicate which of the following transactions require entries to accounts used only for budgetary control purposes. Even

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Indicate which of the following transactions require entries to accounts used only for budgetary control purposes. Even if other accounts also are involved.
1. Adopted the budget estimated revenues of $5.000.000 and appropriations of $4,900,000.
2. Levied property taxes of $3.500.000. One percent has been uncollectible historically.
3. Paid salaries of $2.700.000.
4. Hired a new director of public works at an agreed salary of $60.000.
5. Ordered materials and supplies expected to cost $103.000.
6. Amended the appropriation for public works to increase it by $10,000.
7. Received half of the materials and supplies order at an actual cost of $51,500.
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Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

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