The City of South River budget for the fiscal year ended June 30, 2020, included an appropriation for the police department in the amount of $8,900,000. During the month of July 2020, the following transactions occurred (in summary): Purchase orders were issued in the amount of $520,000. Of the $520,000 in purchase orders, $480,000 were filled, with invoices amounting to $478,000. Salaries, not encumbered, amounted to $302,000. A budget appropriations reduction in the amount of $50,000 was approved by the city council. Prepare an appropriations, expenditures, and encumbrances ledger for the police department for the month of July. (Credit amounts should be indicated by a minus sign.) Transaction CITY OF SOUTH RIVER Appropriation, Expenditures, and Encumbrances Ledger General Fund: Public Safety - Police Reference 1 Budget 2 Purchase Orders Issued 3 Invoices Received and Approved for Payment 4 Payrolls 5 Budget Revision Total Month: July, 2020 Appropriations Encumbrances Expenditures Unexpended Appropriation Balance