I need solution for P 35 not P 34.
P-35 3-6 it is just one example....
Prepare an appropriations ledger similar to Table 3-6 to record the transactions and events applicable
to the appropriation for Parks departmentplants and supplies in problem P334. The ledger should
have columns for appropriation (Cr.), encumbrances (Dr. and Cr.), expenditures (Dr.), and available
appropriation (Cr.).
1.4KS TABLE 3-6 Illustrative Appropriations Ledger HARMON VILLAGE General Fund Appropriations Ledger January 2019 Object Code: Salaries Available Appropriation Encumbrances Expenditures Appropriation Date Item Cr Dr Cr Dr Cr 2 Budget 700,000 700,000 31 Payroll.. 60,000 640,000 Object Code: Materials Available Appropriation Encumbrances Expenditures Appropriation Date Item Cr Dr Cr Dr Cr 2 Budget 190,000 190,000 25 Order materials 15,000 175,000 28 Receive materials 15,000 190,000 28 Record expenditure 16,000 174,000 Object Code: Police Cars Available Appropriation Encumbrances Expenditures Appropriation Date Item Cr Dr Cr Dr Cr 2 Budget 100,000 100,000 8 Order 2 vehicles 46,000 54,000 12 Receive 2 vehicles 46,000 100,000 12 Record expenditure 45,000 55,000 16 Order 2 vehicles 54,000 1.000 21 Receive 2 vehicles 54,000 55,000 21 Record expenditure 55,000 0 LO 5, 6 P3-34. (Budgetary transactions and events) Prepare journal entries to record the following transactions and events that occurred in Marilyn County during calendar year 2019: 1. The legislature adopted the following budget: Estimated revenues and other sources: Property taxes. Sales taxes Use of fund balance $1,740,000 1,000,000 10,000 $2,750,000 Total Appropriations: General government-salaries. General government-supplies Parks department-salaries ... Parks department-plants and supplies. $ 420,000 30,000 2,000,000 300,000 $2,750,000 Total .. 2. The Parks department placed PO 2019-1 for shrubbery in the amount of $52,000 and PO 2019-2 for gardening supplies in the amount of $11,000. The orders were charged to the appropriation for Parks departmentplants and supplies. 3. The supplier delivered the shrubbery ordered on PO 2019-1; however, the supplier said he could not deliver some of the shrubs because he no longer carried them. The invoice for $49,000 was approved and forwarded to the comptroller's office for payment; the rest of the order ($3,000) was cancelled. 4. The supplier delivered the gardening supplies ordered on PO 2019-2. She sent an invoice for $11,200 because some of the items were of a higher quality than ordered. The Parks department accepted the entire delivery and forwarded the invoice for payment. 5. Based on a mid-year review of economy, the finance director concluded that sales tax revenues would be less than the original estimate. As a result, the legislature amended the budget, reducing the sales tax estimate by $50,000 and the Parks departmentplants and supplies appropriation by $35,000. 1.4KS TABLE 3-6 Illustrative Appropriations Ledger HARMON VILLAGE General Fund Appropriations Ledger January 2019 Object Code: Salaries Available Appropriation Encumbrances Expenditures Appropriation Date Item Cr Dr Cr Dr Cr 2 Budget 700,000 700,000 31 Payroll.. 60,000 640,000 Object Code: Materials Available Appropriation Encumbrances Expenditures Appropriation Date Item Cr Dr Cr Dr Cr 2 Budget 190,000 190,000 25 Order materials 15,000 175,000 28 Receive materials 15,000 190,000 28 Record expenditure 16,000 174,000 Object Code: Police Cars Available Appropriation Encumbrances Expenditures Appropriation Date Item Cr Dr Cr Dr Cr 2 Budget 100,000 100,000 8 Order 2 vehicles 46,000 54,000 12 Receive 2 vehicles 46,000 100,000 12 Record expenditure 45,000 55,000 16 Order 2 vehicles 54,000 1.000 21 Receive 2 vehicles 54,000 55,000 21 Record expenditure 55,000 0 LO 5, 6 P3-34. (Budgetary transactions and events) Prepare journal entries to record the following transactions and events that occurred in Marilyn County during calendar year 2019: 1. The legislature adopted the following budget: Estimated revenues and other sources: Property taxes. Sales taxes Use of fund balance $1,740,000 1,000,000 10,000 $2,750,000 Total Appropriations: General government-salaries. General government-supplies Parks department-salaries ... Parks department-plants and supplies. $ 420,000 30,000 2,000,000 300,000 $2,750,000 Total .. 2. The Parks department placed PO 2019-1 for shrubbery in the amount of $52,000 and PO 2019-2 for gardening supplies in the amount of $11,000. The orders were charged to the appropriation for Parks departmentplants and supplies. 3. The supplier delivered the shrubbery ordered on PO 2019-1; however, the supplier said he could not deliver some of the shrubs because he no longer carried them. The invoice for $49,000 was approved and forwarded to the comptroller's office for payment; the rest of the order ($3,000) was cancelled. 4. The supplier delivered the gardening supplies ordered on PO 2019-2. She sent an invoice for $11,200 because some of the items were of a higher quality than ordered. The Parks department accepted the entire delivery and forwarded the invoice for payment. 5. Based on a mid-year review of economy, the finance director concluded that sales tax revenues would be less than the original estimate. As a result, the legislature amended the budget, reducing the sales tax estimate by $50,000 and the Parks departmentplants and supplies appropriation by $35,000
