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The council of the City of Lynchburg approved its budget as follows: Budgeted revenues: Property taxes........... Miscellaneous revenues.. Appropriations: General Government Salaries........... Public Safety
The council of the City of Lynchburg approved its budget as follows: Budgeted revenues: Property taxes........... Miscellaneous revenues.. Appropriations: General Government Salaries........... Public Safety Salaries...... Public Safety Supplies................ .$7,500,000 $700,000 .$1,500,000 .$6,400,000 .$400,000 Prepare the general journal entry necessary to record the budget. Prepare entry using the following example: Debit { Enter Account Name} Amount Credit {Enter Account Name} Amount Do not include entry descriptions. Do not abbreviate account names or you will not receive credit.
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