Part A:

Part B:

The board of commissloners of the City of Hartmoore adopted a General Fund budget for the year ending June 30. 2017, that Included revenues of $1,230.000, bond proceeds of $515.000, appropriations of $922,500, and operating transfers out of $475,000. a. If this budget is formally Integrated Into the accounting records, what Journal entry Is required at the beginning of the year? b. If this budget Is formally Integrated Into the accounting records, what later entry Is requlred? Complete this question by entering your answers in the tabs below. Required Required B If this budget is formally integrated into the accounting records, what journal entry is required at the beginning of the year? (If no entry is required for a transaction/event, select "No journal entry required" in the first account General Journal Debit Credit 230,000 Estimated revenues Estimated other financing sources bond proceeds 515.000 Appropriations other financing uses operating transfers 1,397,500 C 347,500 out Budgetary fund balance Required A Required B