Question: the full question and the requests are in the sane picture 3-12. Following are transactions and events of the General Fund of the City of


3-12. Following are transactions and events of the General Fund of the City of Springfield for the fiscal year ended December 31, 2020, 1. Estimated revenues (legally budgeted) $5,641,000 4,830,000 Property taxes Sales taxes Licenses and permits Miscellaneous 1.500.000 500.000 2. Appropriations $5.285,000 General government Culture and recreation Health and welfare 4,210,000 1,000,000 3. Revenues received (cash) Page 79 $5,545,000 Property taxes Sales taxes Licenses and 4,700,000 1,700,000 3. Revenues received (cash) Page 79 $5,545,000 4,700,000 Property taxes Sales taxes Licenses and permits Miscellaneous 1,700,000 800.000 4. Encumbrances issued (includes salaries and other recurring items) Estimated $5,275,000 General government Culture and recreation Health and welfare 4.630.000 905,000 5. Goods and services received (paid in cash) Estimated Actual $5,275,000 $5,285,000 General government Culture and recreation Health and 4.630,000 4,610,000 weitare 5. Goods and services received (paid in cash) Estimated Actual $5,275,000 $5,285,000 General government Culture and recreation Health and welfare 4.630,000 4.610.000 905,000 890.000 6. Budget revisions Increase appropriations: General government Culture and recreation $140,000 110,000 7. Fund balance on January 1, 2020, was $753,000. There were no outstanding encumbrances at that date. a. Record the transactions using appropriate journal entries. b. Prepare a budgetary comparison schedule for the General Fund. 3-13. The town council of Riverside estimated
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