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From the information provided, prepare appropriations, encumbrances, expenditure and fund balance ledger for the year 2019 in excel sheet.(10 marks) Date Transactions OMR 2019 April

From the information provided, prepare appropriations, encumbrances, expenditure and fund balance ledger for the year 2019 in excel sheet.(10 marks)

Date

Transactions

OMR

2019 April 1

Appropriations via budget

1,200,000

Placed order for two machinery @ 25000 each

April 10

Order for supplies

240,000

May 4

As the oil prices down in the international market, government decided to cut down the budget appropriation by 10 %

June 15

1/4th supplies received with voucher OMR 58,000

July 22

50% of the balance of the supplies received with voucher OMR 85,000

July 22

Expected grant

660,000

Additional municipality property tax

146,000

August 25

General operating expenditure

450,000

August 28

One of the machinery ordered delivered with voucher

September 10

Balance of the supplies ordered cancelled

September 15

Expected grant reduced by

150,000

September 20

The price of the second machinery increased by OMR 5000 and agreed upon

Oct. 12

The second machinery was delivered with voucher

Nov. 5

Transferred to Debt Service Fund

112,000

Nov. 10

Account Payable for the services received from ISF

60,000

Nov15

Transferred to Fiduciary pension fund

185,000

Dec. 12

Received share of profits from State Enterprises (SEs)

360,000

Dec. 25

Contract signed to complete the computerization in the general office

90,000

Dec. 28

Salary and other employee benefits payable

148,000

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