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I am lost on how to do the appropriations ledger need guidance Preparation of appropriations ledger The following transactions and events that occurred in the

I am lost on how to do the appropriations ledger need guidance
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Preparation of appropriations ledger The following transactions and events that occurred in the village of Kowitt Gorge during the calendar year 2019: 1. The village commissioners adopted the following budget: Estimated revenues: $1,850,000 300,000 $2.150,000 Property taxes All other revenues Total revenues Appropriations: All departments other than police $1,000,000 600,000 450,000 80,000 $2,130,000 Police-fringe benefits Total appropriations 2. The village received, in cash, property taxes of $1,840,000 and all other revenues of $295,000. 3. The village made cash payments, charging the following appropriations: All departments other than police $1,000,000 595,000 Police-fringe benefits 390,000 4. The administrator of fringe benefits received an invoice for police employee health insurance in the amount of $95,000, together with a letter from the insurance provider, explaining that the large increase was caused by a change in federal laws. The invoice could not be paid because the Police-fringe benefits appropriation had a balance of only $60,000 (appropriation of $450,000 minus expenditures in item 3 of $390,000). As a result, the village commissioners amended the budget as follows: Increase: Appropriation for police-fringe benefits $35,000 Decrease: Appropriation for police-salaries 5,000 25,000 5,000 Use of fund balance S. The village paid the invoice for $95,000, referred to in item 4 above, charging the appropriation for police-fringe benefits. 6. The police department placed PO 2019a for firearms in the amount of $30,000 and PO 2019b for uniforms in the amount of $20,000, all charged to the appropriation for police supplies. (Enter these POs as one transaction.) 7. After receiving PO 2019a, the supplier notified the police department that a change in the design of the weapons would increase the cost to $32,000. The department sent the supplier an amended PO, increasing it by $2,000. 8. The police department received the uniforms ordered on PO 2019b, together with an invoice for $20,000. The department approved the invoice for payment. Record the transactions and events applicable to the appropriations for police-fringe benefits and police-supplies in the following appropriations ledger NOTES . Use a negative sign with your answers if: 1. the amount entered in the Appropriation column is a debit (Dr.) rather than a credit (Cr.); or 2. the amount entered in the Expenditures column is a credit (Cr.) rather than a debit (Dr.). . In the Available Appropriation column, enter the appropriate balance after every transaction/event, even if a transaction isn't recorded in a particular ledger for that transaction. For Transaction 6, enter both purchase orders (POs) as one combined transaction. Appropriations Ledger Appropriation: Police- fringe benefits Transaction Cr Dr Dr 2,130,0002,150,000 Appropriations Ledger Appropriation: Police-supplies Appropriation Expenditures Available Transaction Dr Cr Dr. Appropriation Check

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