Hello, I am having trouble figuring out the journal entries for this problem. I have attached what I have done so far.
311. The Budgetary Comparison Schedule for the City of Vienna appears below. Several items of information are missing (denoted with \"?\"). CITY OF VI ENNA Budgetary Comparison Schedule General Fund For the Year Ended December 31, 2011 Actual Amounts Variance \"A (Budgetary with Final Original Final Basis) Budget Revenues: Taxes $6,500,000 $6,465,000 $6,480,000 $ 15,000 Licenses 230,000 ? 225,000 (8,000) Intergovernmental 1 200.000 1 200,000 1 200,000 0 Miscellaneous 120,000 104,000 ? 2,000 Total Revenues 8,050,000 ? ? 9,000 Expenditures and Encumbrances: General Government 2,700,000 2,602,000 ? 98,500 Public Safety 4,050,000 4,200,000 4,215,000 (15,000) Health and Welfare ? '? 1,198,000 22,000 Total Expenditures and Encumbrances ? ? 7 105,500 Net Change in Fund Balance 70,000 (20,000) 94,500 1 14,500 Fund BalanceBeginning 350,000 350,000 350,000 0 Fund BalanceEnding $ 420,000 $ 330,000 $ 444,500 $1 14,500 Required: 0. Determine the missing amounts. b. During the year, the City made a single budget revision. Prepare the jour- nal entry to record that revision. A l B c l D | E G l H l Budgeted Actual Amounts (Budgetary Variance with Original Final Basis) Final Budget Revenues: Taxes 5 6,500,000 5 6,465,000 5 6,480,000 5 15,000 Licenses 230,000 217,000 225,000 (8,000) Intergovernmental 1,200,000 1,200,000 1,200,000 - Miscellaneous 120,000 104,000 106,000 2,000 Total Revenues 8,050,000 5 7,986,000 5 8,011,000 9,000 Expenditures and Encumbrances: General Government 2,700,000 2,602,000 2,503,500 98,500 Pubic Safety 4,050,000 4,200,000 4,215,000 (15,000) Health and Welfare S 1,230,000 1,220,000 1,198,000 22,000 Total Expenditures and Encumbrances 7,980,000 8,022,000 7,916,500 105,500 Net Change in Fund Balance 70,000 (20,000) 94,500 114,500 Fund Balance - Beginning 350,000 350,000 350,000 Fund Balance - Ending 5 420,000 5 330,000 S 444,500 5 114,500 Part B: GENERAL LEDGER SUBSIDIARY LEDGER DEBITS CREDITS DEBITS CREDITS GENERAL LEDGER: revenues-taxes 15000 ? ? ? ? REVENUES LEDGER: revenues misc 2000 ? ? APPROPRIATIONS LEDGER: expenditure- general government expenditure health 8: welfare