Question: need correct answers Prepare budgetary entries, using general ledger control accounts only, for each of the following unrelated situations (If no entry is required for

Prepare budgetary entries, using general ledger control accounts only, for each of the following unrelated situations (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field. Enter your answers in whole dollars not in millions (ie., 1,000,000 not 1.0).) a. Anticipated revenues are $11.8 million, anticipated expenditures and encumbrances are $8.0 million b. Anticipated revenues are $8.0 million anticipated expenditures and encumbrances are $9.4 million c. Anticipated revenues are $9.4 million, anticipated transfers from other funds are $16 million, anticipated expenditures and encumbrances are $8.0 million anticipated transfers to other funds are $0,7 million d. Anticipated revenues are $8.6 millionanticipated transfers from other funds are $11 million anticipated expenditures and encumbrances are $9.7 million anticipated transfers to other funds are $10 million View transaction list Journal entry worksheet A co B > Anticipated revenues are $11.8 million: anticipated expenditures and encumbrances are $8 million Note: Enter debits before credits Event General Journal Debit Credit B :X A Anticipated revenues are $11.8 million; anticipated expenditures and encumbrances are $8 million. B Anticipated revenues are $8 million; anticipated expenditures and encumbrances are $9.4 million. c Anticipated revenues are $9.4 million; anticipated transfers from other funds are $1.6 million; anticipated expenditures and encumbrances are $8 million; anticipated transfers to other funds are s0.7 million. Credit D Anticipated revenues are $8.6 million; anticipated transfers from other funds are $1.1 million; anticipated expenditures and encumbrances are $9.7 million; anticipated transfers to other funds are si million. Note ournal entry has been en
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
