test Exercise 3-22 (Static) Recording Adopted Budget [LO 3-5] The Town of Willingdon adopted the following General Fund budget for the fiscal year beginning July 1: Estimated revenues: Taxes Intergovernmental revenues Charges for Services Fines and forfeits Miscellaneous revenues Total estimated revenues Appropriations: General government Public safety Public works Culture and recreation Miscellaneous Total appropriations $14,900,000 600,000 810,500 150,000 98,200 $16,558,700 $ 5,400,000 8,550,000 1,540,000 960,000 80,000 $16,530,000 1. Prepare the general joumidi entes to record the adopted budget at the Deyimm transaction/event, select "No Journal Entry Required" in the first account field. View transaction list Journal entry worksheet < A Record the budget appropriations. Note: Enter debits before credits. Date July 01 General Journal Debit Credit Estimated Revenues Budgetary Fund Balance Appropriations Record entry Clear entry View general journa TOWN OF WILLINGDON Estimated Revenues Ledger Date July 01 Taxes Account Title July 01 Intergovemmental Revenues July 01 Charges for Services July 01 Fines and Forfeits July 01 Miscellaneous Revenues Est. Revenues Dr(C) Revenues CrDr Balance DriC) TOWN OF WILLINGDON Appropriations Ledger Encumbrances Encumbrances Encumbrances Account Description Increase Dr Decrease Cr Balance Expenditures Or(C) Dr(Cr) Expenditures Balance Di[Cr Appropriation Crior) Balance Cr(Dr) General Government Public Safety Public Works Culture and Recreation Miscelaneous #3 W e 2 54 N < Prev 20 of 25 Next > 96 n 5 <6 k