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quick!!! The council of the Town of Spencerport approved the 20x3 budget as follows: (a) Prepare the general journal entry to record the initial budget.
quick!!!
The council of the Town of Spencerport approved the 20x3 budget as follows: (a) Prepare the general journal entry to record the initial budget. (b) During June 20x3, the town's mayor presented the council with a budget revision to increase the amount of appropriation for salaries by $20,000 and increase estimated revenues of sales taxes by $15,000. The council approved this budget revision. Prepare the general journal entry to record the budget revision Step by Step Solution
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