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The printout of the Revenues and Appropriations subsidiary ledger accounts for the General Fund of the City of Augusta for the first quarter of the

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The printout of the Revenues and Appropriations subsidiary ledger accounts for the General Fund of the City of Augusta for the first quarter of the fiscal year appeared as follows: Est. Revenues Balance 3/4020 Taxes-Real Property 761,000 761,000 101 Budget Authorization 102 Received in Cash 209,900 3/4050 Licenses and Permits 111,000 99, 900 111,000 10 Budget Authorization 102 Received in Cash 11,100 3/4070 Intergovernmental Revenne 62,000 44, 900 61,000 101 Budget Authorization 102 Received in Cash 103 16,100 13,600 58, 500 Encunbrances Encunbrances Encumbrance Decrease Expenditures Increase Balance Expenditures Balance Appropriation Balance 5/6/7020 General Government 646, 00064 6, 000 639, 050 479,150 479, 200 101 Budget 102 Purchase Order Issued 6, 950 6, 950 102 Payroll 102 Goods Received 159, 900 5, 200 159,900 165, 100 5, 250 1,700 5/6/7030 Public Safety 101 Budget Authorization 102 Payroll 103 136, 000 52, 200 96,000 136,000 104, 900 157, 100 31,100 31,100 5/6/7050 Culture and Recreation 101 Budget Authorization 102 Purchase Order Iasued 102 Goods Received 102 Payroll 96, 000 94,250 94, 450 78, 900 1,750 1, 750 1,550 15, 550 1,550 17,100 1, 750 5/6/7070 Miscellaneous 101 Budget Authorization 16,100 16,100 Required Assuming that there are no other General Fund revenue or expenditure transactions, answer the following questions. a What were the original approved budget amounts for Estimated Revenues and for Appropriations? b (1) Was the budget adjusted during the year? (2) If so, which accounts if any were adjusted and by how much? (3) In total, has Budgetary Fund Balance increased, decreased, or remained the same during the first fiscal quarter? c (1) What are the current balances of the Estimated Revenues and Appropriations control accounts? (2) What are the current balances of the Revenues, Encumbrances, and Expenditures control accounts? Complete this question by entering your answers in the tabs below Required A Required B Required C What were the original approved budget amounts for Estimated Revenues and for Appropriations? Budget Estimated Revenues $ 946,600 $ 946,300 Appropriations Complete this question by entering your answers in the tabs below Required A Required B Required C (1) Was the budget adjusted during the year? (2) If so, which accounts if any were adjusted and by how much? (3) In total, has Budgetary Fund Balance increased, decreased, or remained the same during the first fiscal quarter? (1) Was the budget adjusted during the year? (2) Licenses and Permits es intergovernmental Revenue Public Safety 96,000 136,000 52,200 (3) Has Budgetary Fund Balance increased, decreased, or remained the same during the first fiscal quarter? Decreased Complete this question by entering your answers in the tabs below. Required A Required B Required C (1) What are the current balances of the Estimated Revenues and Appropriations control accounts? (2) What are the current balances of the Revenues, Encumbrances, and Expenditures control accounts? Estimated Revenues Appropriations Current Balance S 709,500 $ 731,300 S 237,100 (2) Revenues Encumbrances S Expenditures $ 222,100

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