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Record the required entries in the General Fund Account from the following: The city of Hempstead proposed the following budget for 2014: Estimated Revenues=$4000000 Appropriations=$4100000

Record the required entries in the General Fund Account from the following:

The city of Hempstead proposed the following budget for 2014:

Estimated Revenues=$4000000

Appropriations=$4100000

During the year it had encumbrances of $2500000 of which 2300000 was satisfied by purchase orders

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