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(budgetary accounting) (Budgetary accounting) Prepare journal entries to record the following transactions and events affecting the General Fund of the Village of Kowitt Gorge during
(budgetary accounting)
(Budgetary accounting) Prepare journal entries to record the following transactions and events affecting the General Fund of the Village of Kowitt Gorge during fiscal 2013. 1. The annual budget was adopted as follows: 2. Purchase orders were issued for supplies with the following estimated costs: 3. Revenues were received in cash as follows: 4. Items on order were received and aceepted, and vouchers were prepared, as follows. (Amounts shown as "Estimated" are the purchase order amounts; amounts shown as "Actual" are the approved invoice amounts.) 5. The Kowitt Gorge village council revised the budget, reducing the public safety appropriation by $120,000 and increasing the streets appropriation by a similar amount. 6. Additional revenues were received in cash as follows: 7. Items on order were received and accepted, and vouchers were prepared, as follows: (Budgetary accounting) Prepare journal entries to record the following transactions and events affecting the General Fund of the Village of Kowitt Gorge during fiscal 2013. 1. The annual budget was adopted as follows: 2. Purchase orders were issued for supplies with the following estimated costs: 3. Revenues were received in cash as follows: 4. Items on order were received and aceepted, and vouchers were prepared, as follows. (Amounts shown as "Estimated" are the purchase order amounts; amounts shown as "Actual" are the approved invoice amounts.) 5. The Kowitt Gorge village council revised the budget, reducing the public safety appropriation by $120,000 and increasing the streets appropriation by a similar amount. 6. Additional revenues were received in cash as follows: 7. Items on order were received and accepted, and vouchers were prepared, as follows Step by Step Solution
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