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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} Credit { Enter Account Name} Do not include entry descriptions. Amount Amount Do not abbreviate account names or you will not receive credit.
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