Question: 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

  1. 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 (i.e., 1,000,000 not 1.0).)
    1. Anticipated revenues are $13.3 million; anticipated expenditures and encumbrances are $8.6 million.
    2. Anticipated revenues are $9.2 million; anticipated expenditures and encumbrances are $9.9 million.
    3. Anticipated revenues are $10.3 million; anticipated transfers from other funds are $1.6 million; anticipated expenditures and encumbrances are $9.0 million; anticipated transfers to other funds are $0.7 million.
    4. Anticipated revenues are $9.3 million; anticipated transfers from other funds are $1.6 million; anticipated expenditures and encumbrances are $10.1 million; anticipated transfers to other funds are $1.2 million.

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