( i need a new answers pllz , the subject is Goverment and non-profit Accountant )))

Question no 3

The Western Province of K.S.A. has approved the 2020 budget as follows:

Budgeted 2020 revenues from:

Property taxes $8,000,000

Sales taxes $2,000,000

Appropriations for 2020:

Salaries $7,200,000

Materials $2,000,000

Equipment $200,000

During 2020, the authority has presented the budget revision to increase the amount of

appropriation for salaries by $100,000. The council approved this budget revision.

Required:

a. Prepare the general journal entry necessary to initially record the budget.

b. Prepare the general journal entry necessary to record the budget revision.