Assuming that there are no other General Fund revenue or expenditure transactions, answer a. What were...

   

 

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Assuming that there are no other General Fund revenue or expenditure transactions, answer a. What were the original approved budget amounts for Estimated Revenues and for Appropriations? b. (1) Which accounts were adjusted during the period and by how much? (2) In total, has Budgetary Fund Balance increased, decreased, or remained the same during the first fiscal quarter? c. (1) What are the current balances of the Estimated Revenues and Appropriations control accounts? (2) What are the current balances of the Revenues, Encumbrances, and Expenditures control accounts? Complete this question by entering your answers in the tabs below. Required A Required B Required C (1) Which accounts were adjusted during the period and by how much? (2) In total, has Budgetary Fund Balance increased, decreased, or remained the same during the first fiscal quarter? (1) (2) Has Budgetary Fund Balance increased, decreased, or remained the same during the first fiscal quarter? < Required A Required C > Complete this question by entering your answers in the tabs below. Required A Required B Required C (1) What are the current balances of the Estimated Revenues and Appropriations control accounts? (2) What are the current balances of the Revenues, Encumbrances, and Expenditures control accounts? (1) Estimated Revenues Appropriations (2) Revenues Encumbrances Expenditures Current Balance 946,600 894,100 237,100 $ $ $ $ 183,750 Account Ref 5/6/7020 5/6/7030 5/6/7050 Account Description General Government Budget Authorization 101 102 Purchase Order Issued 102 Payroll1 102 Goods Received 5/6/7070 Public Safety 101 Bunget Authorization 102 Payroll 103 Culture and Recreation. 101 Budget Authorization 102 Purchase Order Issued 102 Goods Received 102 Payroll Miscellaneous 101 Budget Authorization Appropriations, Expenditures, and Encumbrances Ledger Encumbrances Encumbrances Encumbrances Increase Decrease (Cr) Dr 6,950 1,750 5,250 1,750 Expenditures Balance. Expenditures Balance Appropriation Dr (Cr) Dr (Cr) Dr(Cr) Cr(Dr) 646,000 6,950 1,700 1,750 0 159,900 5,200 31,100 1,550 15,550 159,900 165, 100 W 31,100 1,550 17,100 136,000 52,200 96,000. 16,100 Assuming that there are no other General Fund revenue or expenditure transactions, answer a. What were the original approved budget amounts for Estimated Revenues and for Appropriations? b. (1) Which accounts were adjusted during the period and by how much? (2) In total, has Budgetary Fund Balance increased, decreased, or remained the same during the first fiscal quarter? c. (1) What are the current balances of the Estimated Revenues and Appropriations control accounts? (2) What are the current balances of the Revenues, Encumbrances, and Expenditures control accounts? Complete this question by entering your answers in the tabs below. Required A Required B Required C (1) Which accounts were adjusted during the period and by how much? (2) In total, has Budgetary Fund Balance increased, decreased, or remained the same during the first fiscal quarter? (1) (2) Has Budgetary Fund Balance increased, decreased, or remained the same during the first fiscal quarter? < Required A Required C > Complete this question by entering your answers in the tabs below. Required A Required B Required C (1) What are the current balances of the Estimated Revenues and Appropriations control accounts? (2) What are the current balances of the Revenues, Encumbrances, and Expenditures control accounts? (1) Estimated Revenues Appropriations (2) Revenues Encumbrances Expenditures Current Balance 946,600 894,100 237,100 $ $ $ $ 183,750 Account Ref 5/6/7020 5/6/7030 5/6/7050 Account Description General Government Budget Authorization 101 102 Purchase Order Issued 102 Payroll1 102 Goods Received 5/6/7070 Public Safety 101 Bunget Authorization 102 Payroll 103 Culture and Recreation. 101 Budget Authorization 102 Purchase Order Issued 102 Goods Received 102 Payroll Miscellaneous 101 Budget Authorization Appropriations, Expenditures, and Encumbrances Ledger Encumbrances Encumbrances Encumbrances Increase Decrease (Cr) Dr 6,950 1,750 5,250 1,750 Expenditures Balance. Expenditures Balance Appropriation Dr (Cr) Dr (Cr) Dr(Cr) Cr(Dr) 646,000 6,950 1,700 1,750 0 159,900 5,200 31,100 1,550 15,550 159,900 165, 100 W 31,100 1,550 17,100 136,000 52,200 96,000. 16,100

Answer rating: 100% (QA)

Required A Original Approved Budget Amounts a The original approved budget amount... View the full answer