prepare budgetary and proprietary journal entries to record the following transactions

The Federal Bureau of Building Construction (BBC) receives an annual appropriation to perform construction activities. BBC does not use commitment accounting; instead, it obligates funds upon the award of contracts. Prepare budgetary and proprietary journal entries to record the following transactions: a. BBC received an appropriation of $2,000,000. b. The Office of Management and Budget apportioned $500,000 of the appropriation to the Department of Domestic Construction, which oversees the BBC. c. The Department allotted the entire $500,000 apportionment to the BBC. d. BBC awarded a building construction contract for $300.000. e. The contractor completed construction of the building. Because of a change order, however, the total cost of the work was $324,000. BBC accepted the work and recorded the asset and the invoice for $324,000. f. BBC sent a disbursement schedule to the Treasury requesting payment of the $324.000. g. Treasury notified BBC that payment was made to the contractor for $324,000. h. At year-end, BBC recorded six months' depreciation ($16,200) on the building