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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
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: Revenues Ledger Account Ref. Account Title: Est. Revenues: Dr(Cr) Revenues Ce(De) Balance De (Ce)) 3/4020 Taxes-Real Property 101 Budget Authorization 750,000 750,000 102 Received in Cash 200,000 550,000 3/4050 Licenses and Permits 101 Budget Authorization 100,000 100,000 102 Received in Cash 10,000 90,000 3/4070 Intergovernmental Revenue 101 Budget Authorization 50,000 50,000 102 Received in Cash 15,000 35,000 103 12,500 47,500 Appropriations, Expenditures, and Encumbrances Ledger Encumbrances Encumbrances Encumbrances Increase Decrease Balance Account 5/6/7020 Hef Account Description General Government De (Ce) Dr(Cr) Expenditures Dr(Ce) Expenditures Balance De(Cr)) Appropriation Balance Cr(Dr) Cr(De) 101 Budget Authorization 635,000 635,000 102 Purchase Order Issued 6,400 6,400 620,600 102 Payroll 150,000 150,000 478,600 102 Goods Received: 4,700. 1,700 4,650 154,650 478,650 5/6/7030 Public Safety 101 Budget Authorization 125,000 125,000 102 Payroll 30,000 30,000 95,000 103 50,000 145,000 5/6/7050 Culture and Recreation 101 Budget Authorization 85,000 85,000 102 Purchase Order Issued 1,2001 1,200 83,800 102 Goods Received 1,200 102 Payroll 1,000 15,000 1,000 84,000 16,000 69,000 5/6/7070 Miscellaneous Appropriations, Expenditures, and Encumbrances Ledger Encumbrances Encumbrances Encumbrances Expenditures 5/6/7020 Account Ref Account Description General Government Increase Dr Decrease (Cr) Balance De(Ce) Expenditures Dr (Cr) Balance Dr(Cr) Appropriation Balance Cr(Or) Ce(Or) 101 Budget Authorization 635,000 635,000 102 Purchase Order Issued 6,400 6,400 528,600 102 Payroll 102 Goods Received 4,700 1,700 5/6/7030 Public Safety 150,000 4,650 150,000 478,600 154,650 478,650 101 Budget Authorization 125,000 125,000 102 Payroll 30,000 30,000 95,000 103 50,000 145,000 5/6/7050 Culture and Recreation 101 Budget Authorization 85,000 85,000 102 Purchase Order Issued 1,200 1,200 83,800 102 Goods Received 1,200 1,000 1,000 84,000 102 Payroll 15,000 16,000 69,000 5/6/7070 Miscellaneous 101 Budget Authorization 15,000 15,000 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) Which accounts were adjusted during the period and by how much? (2) 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? 5/6/7070 Miscellaneous 101 Budget Authorization. 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) Which accounts were adjusted during the period and by how much? (2) 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? Estimated Revenues Appropriations Budget Amounts 15,000 15,000 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) Which accounts were adjusted during the period and by how much? (2) 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 (1) Which accounts were adjusted during the period and by how much? (2) In total, has Budgetary Fund Balance increased, decreased, or remained the same during the first fiscal quarter? (t) (2) Has Budgetary Fund Balance increased, decreased, or remained the same during the best fiscal quarter? 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) Which accounts were adjusted during the period and by how much? (2) 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 (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? (1) Estimated Revenues Appropriations (2) Revenues Encumbrances Expenditures Current Balance
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