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Prepare budgetary entries, using general ledger control accounts only, for each of the following unrelated situations: (If no entry is required for a transaction/event, select
Prepare budgetary entries, using general ledger control accounts only, for each of the following unrelated situations: (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in whole dollars not in millions (i.e., 1,000,000 not 1.0).)
- Anticipated revenues are $14.2 million; anticipated expenditures and encumbrances are $8.9 million.
- Anticipated revenues are $8.9 million; anticipated expenditures and encumbrances are $9.4 million.
- Anticipated revenues are $9.4 million; anticipated transfers from other funds are $1.4 million; anticipated expenditures and encumbrances are $8.9 million; anticipated transfers to other funds are $1.0 million.
- Anticipated revenues are $9.4 million; anticipated transfers from other funds are $1.5 million; anticipated expenditures and encumbrances are $9.8 million; anticipated transfers to other funds are $2.0 million.
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