The following transactions and events that occurred in Jeter City during calendar year 2022. 1. The city council adopted the following budget:

Adopted Budget
Revenues
Property taxes	$2,500,000
Sales taxes	1,400,000
Use of fund balance	50,000
Total	$3,950,000
Appropriations:
Streets and parkways:
Personal services	$780,000
Equipment	95,000
Operating supplies	125,000
All other appropriations	2,950,000
Total	$3,950,000

2. The Department of Streets and Parkways (S&P) took bids to purchase several items of equipment. The lowest bid came in at $105,000, which was greater than the amount appropriated for equipment. Jeter Citys budget director, who had the authority to interchange budgetary appropriations amounts within a department, authorized a $10,000 reduction in the departments personal services appropriation and a corresponding increase in the equipment appropriation. 3. S&P entered into contract S&P 2022a for $105,000, charging the equipment appropriation. 4. S&P issued PO 22-1 for asphalt in the amount of $15,000, charging the operating supplies appropriation. 5. S&P received the equipment, and after inspecting all the items, approved the $105,000 invoice (related to contract in number 3) for payment. 6. S&P received the asphalt and approved the invoice of $15,000 for payment.

Prepare an appropriations ledger to record the transactions and events applicable to the appropriation for Street and Parkways equipment. The ledger should have columns for appropriation (Cr.), encumbrances (Dr. and Cr.), expenditures (Dr.), and available appropriation (Cr.) similar to Table 3-6.

Appropriation: Streets and Parkways Equipment
					Available
	Appropriation	Encumbrances		Expenditures	Appropriation
Item	Cr.	Dr.	Cr.	Dr.	Cr.
1 Budget	Answer	Answer	Answer	Answer	Answer
2 Budget Inc	Answer	Answer	Answer	Answer	Answer
3 S&P2022a	Answer	Answer	Answer	Answer	Answer
5 S&P2022a	Answer	Answer	Answer	Answer	Answer
6 S&P2022aExp	Answer	Answer	Answer	Answer	Answer

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