Question

1 Approved Answer

Posted on Jul 26, 2024

- My subscriptions reparation of appropriations ledger The following transactions and events that occurred in the village of Kowitt Gorge during the calendar year 2019:

- My subscriptions "reparation 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 Property S150 000 Mother 2000 Totalves 10000 Appropriations departments other than police 51.000.000 500.000 Police-fringe benefits 000 Total appropriations 52.110.000 2. The village received, in cash, property taxes of 51.840,000 and all other revenues of $295.000 3. The village made cash payments, changing the following appropriations: S ets the 100.000 50.000 4. The administrator of fringe benefits received an invoice for por ce employee health insurance in the amount of $95.000 tother with a letter from the insurance pro the large increase was caused by a change in federal laws. The invoice could not be paid because the Policeringe benefits appropriation had a balance of only 6.000 $450,000 minus expenditures in tem 3 of 5390.OOOL AS a res, the commissioners amended the bude as follows 5. The village paid the invoice for 595,000, referred to in item & 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 p u bles Enter these POS as one transaction) 7. After receiving PO 2019a, the supplier notified the police department that a chance in the design of the weapons would increase the cost to $32000. The department set the superan amended PO, increasing it by $2,000 8. The police department received the uniforms ordered on PO 2019, 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 leder NOTES Use a negative sign with your answers in the amount entered in the Appropriation columnis a debit rather than a credit o r 2. the amount entered in the Expenditures column is a credit rather than a debit (Dr.) . In the Available Appropriation column, enter the appropriate balance after every transaction event, evena transaction recorded in a particular leder for that transaction For Transaction enter both purchase orders (PO) as one combined transaction Appropriations Ledger Appropriation Police fringe benefits Appropriation Enchance Expenditures or Transaction Available Appropriations Ledger Appropriation: Police - fringe benefits Appropriation Encumbrances Expenditures Cr. Dr. Cr. Dr. Transaction Available Appropriation W 000 Appropriations Ledger Appropriation: Police - supplies Appropriation Encumbrances Expenditures Available Transaction Dr. Cr. Dr. Appropriation Cr. Check 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: Property taxes $1,850,000 All other revenues 300,000 Total revenues $2,150,000 Appropriations: All departments other than police $1.000.000 Police-salaries 600,000 Police--fringe benefits 450.000 Police-supplies 80,000 Total appropriations $2.130.000 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 Police---salaries 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 $99 the large increase was caused by a change in federal laws. The invoice could not be paid because the Police--fringe b $450,000 minus expenditures in item 3 of $390,000). As a result, the village commissioners amended the budget as fc Increase: Appropriation for police-fringe benefits 535.000 Decreases Appropriation for police salaries 5,000 Decrease Appropriation for police supplies 25,000 Use of fund balance 5,000 5. The village paid the invoice for $95,000, referred to in item 4 above, charging the appropriation for police-fringe ber 6. The police department placed PO 2019a for firearms in the amount of $30,000 and PO 2019b for uniforms in the am Enter these cone transaction O Type here in t Pelben 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, plaining 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 $80.000 $450,000 minus expenditures in item 3 of 5390,000. As a result, the village commissioners amended the budget as follows: increase Approprusion for police fringe benotes 135.000 Decrease Appropriation for p l ans S000 Decree Arron for 25.000 Use of fund balance 5. 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 2015 for firearms in the amount of $30,000 and PO 2019b for uniforms in the amount of $20,000, all changed to the appropriation for c u (Enter these Pos as one transaction) 7. After receiving PO 2019, the supplier notified the police department that a change in the design of the weapons would increase the cost to 532.000. The department sent the upper an amended PO, increasing it by $2.000 The police department received the uniforms ordered on PO 2019, 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 lodeer. NOTES U neven with your answer the amount entered in the Appropriation column is ader ) rather than a creditor the amount entered in the Expenditures. co rather than a debt Dr. in the Available Appropriation cou n ter the appropriate balance after every transactio n even a transaction is recorded in a particular leder for the transaction For Transaction enter both purchase orders Posas one combined transaction m In the Available Appropriation column, enter the appropriate balance aller every lu For Transaction 6, enter both purchase orders (POs) as one combined transaction. Appropriations Ledger Appropriation: Police - fringe benefits Appropriation Encumbrances Expenditures Cr. Dr. Cr. Dr Dr. Available Appropriation Transaction Appropriations Ledger Appropriation: Police-supplies Appropriation Encumbrances Expenditures Available Cr. Dr. Cr. Dr. Appropriation Transaction 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: Property taxes $1,850,000 All other revenues 300,000 Total revenues $2,150,000 Appropriations: All departments other than police 51,000,000 Police-salaries 600,000 Police-fringe benefits 450,000 Police-supplies 80,000 Total appropriations $2,130,000 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 Police-salaries 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 $9 the large increase was caused by a change in federal laws. The invoice could not be paid because the Police-fringe $450,000 minus expenditures in item 3 of $390,000). As a result, the village commissioners amended the budget as Increase: Appropriation for police--fringe benefits $35,000 Decrease: Appropriation for police-salaries 5,000 Decrease: Appropriation for police-supplies Use of fund balance 25,000 5.000 3. The village made cash payments, charging the following appropriations: All departments other than police $1,000,000 Police-salaries 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 Decrease: Appropriation for police supplies 25,000 Use of fund balance 5.000 5. 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 t 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 Appropriation Encumbrances Expenditures Available Dr. Cr. Appropriation Transaction OOOOOOOO Transaction Appropriations Ledger Appropriation: Police-supplies Appropriation Encumbrances Expenditures Dr. Cr. 0 0 0 0 Dr. Available Appropriation 0 - My subscriptions "reparation 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 Property S150 000 Mother 2000 Totalves 10000 Appropriations departments other than police 51.000.000 500.000 Police-fringe benefits 000 Total appropriations 52.110.000 2. The village received, in cash, property taxes of 51.840,000 and all other revenues of $295.000 3. The village made cash payments, changing the following appropriations: S ets the 100.000 50.000 4. The administrator of fringe benefits received an invoice for por ce employee health insurance in the amount of $95.000 tother with a letter from the insurance pro the large increase was caused by a change in federal laws. The invoice could not be paid because the Policeringe benefits appropriation had a balance of only 6.000 $450,000 minus expenditures in tem 3 of 5390.OOOL AS a res, the commissioners amended the bude as follows 5. The village paid the invoice for 595,000, referred to in item & 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 p u bles Enter these POS as one transaction) 7. After receiving PO 2019a, the supplier notified the police department that a chance in the design of the weapons would increase the cost to $32000. The department set the superan amended PO, increasing it by $2,000 8. The police department received the uniforms ordered on PO 2019, 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 leder NOTES Use a negative sign with your answers in the amount entered in the Appropriation columnis a debit rather than a credit o r 2. the amount entered in the Expenditures column is a credit rather than a debit (Dr.) . In the Available Appropriation column, enter the appropriate balance after every transaction event, evena transaction recorded in a particular leder for that transaction For Transaction enter both purchase orders (PO) as one combined transaction Appropriations Ledger Appropriation Police fringe benefits Appropriation Enchance Expenditures or Transaction Available Appropriations Ledger Appropriation: Police - fringe benefits Appropriation Encumbrances Expenditures Cr. Dr. Cr. Dr. Transaction Available Appropriation W 000 Appropriations Ledger Appropriation: Police - supplies Appropriation Encumbrances Expenditures Available Transaction Dr. Cr. Dr. Appropriation Cr. Check 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: Property taxes $1,850,000 All other revenues 300,000 Total revenues $2,150,000 Appropriations: All departments other than police $1.000.000 Police-salaries 600,000 Police--fringe benefits 450.000 Police-supplies 80,000 Total appropriations $2.130.000 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 Police---salaries 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 $99 the large increase was caused by a change in federal laws. The invoice could not be paid because the Police--fringe b $450,000 minus expenditures in item 3 of $390,000). As a result, the village commissioners amended the budget as fc Increase: Appropriation for police-fringe benefits 535.000 Decreases Appropriation for police salaries 5,000 Decrease Appropriation for police supplies 25,000 Use of fund balance 5,000 5. The village paid the invoice for $95,000, referred to in item 4 above, charging the appropriation for police-fringe ber 6. The police department placed PO 2019a for firearms in the amount of $30,000 and PO 2019b for uniforms in the am Enter these cone transaction O Type here in t Pelben 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, plaining 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 $80.000 $450,000 minus expenditures in item 3 of 5390,000. As a result, the village commissioners amended the budget as follows: increase Approprusion for police fringe benotes 135.000 Decrease Appropriation for p l ans S000 Decree Arron for 25.000 Use of fund balance 5. 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 2015 for firearms in the amount of $30,000 and PO 2019b for uniforms in the amount of $20,000, all changed to the appropriation for c u (Enter these Pos as one transaction) 7. After receiving PO 2019, the supplier notified the police department that a change in the design of the weapons would increase the cost to 532.000. The department sent the upper an amended PO, increasing it by $2.000 The police department received the uniforms ordered on PO 2019, 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 lodeer. NOTES U neven with your answer the amount entered in the Appropriation column is ader ) rather than a creditor the amount entered in the Expenditures. co rather than a debt Dr. in the Available Appropriation cou n ter the appropriate balance after every transactio n even a transaction is recorded in a particular leder for the transaction For Transaction enter both purchase orders Posas one combined transaction m In the Available Appropriation column, enter the appropriate balance aller every lu For Transaction 6, enter both purchase orders (POs) as one combined transaction. Appropriations Ledger Appropriation: Police - fringe benefits Appropriation Encumbrances Expenditures Cr. Dr. Cr. Dr Dr. Available Appropriation Transaction Appropriations Ledger Appropriation: Police-supplies Appropriation Encumbrances Expenditures Available Cr. Dr. Cr. Dr. Appropriation Transaction 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: Property taxes $1,850,000 All other revenues 300,000 Total revenues $2,150,000 Appropriations: All departments other than police 51,000,000 Police-salaries 600,000 Police-fringe benefits 450,000 Police-supplies 80,000 Total appropriations $2,130,000 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 Police-salaries 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 $9 the large increase was caused by a change in federal laws. The invoice could not be paid because the Police-fringe $450,000 minus expenditures in item 3 of $390,000). As a result, the village commissioners amended the budget as Increase: Appropriation for police--fringe benefits $35,000 Decrease: Appropriation for police-salaries 5,000 Decrease: Appropriation for police-supplies Use of fund balance 25,000 5.000 3. The village made cash payments, charging the following appropriations: All departments other than police $1,000,000 Police-salaries 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 Decrease: Appropriation for police supplies 25,000 Use of fund balance 5.000 5. 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 t 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 Appropriation Encumbrances Expenditures Available Dr. Cr. Appropriation Transaction OOOOOOOO Transaction Appropriations Ledger Appropriation: Police-supplies Appropriation Encumbrances Expenditures Dr. Cr. 0 0 0 0 Dr. Available Appropriation 0