Please see the screen captures for the outline of the JE

Assume that a federal agency sees the following events occur:

• It receives a warrant from the Treasury notifying the agency of appropriations of $16,000,000.
• The OMB apportions one-fourthof the appropriation for the first quarter of the year.
• The director of the agency allots $3,960,000 to program units.
• The program units place orders totaling $3,712,000.
• Supplies ($500,000) and services ($2,975,000) are received.
• The items received above were paid for.
• Supplies of $417,000 were used in the quarter.

Required:

Using the template provided in this module, prepare any necessary journal entries in the correct journal (budgetary or proprietary) to reflect the events described above. If no entry is necessary, enter "No entry" for your answer