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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:
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 Cr(Dr) Balance Dr(Cr) 200,900 751,000 550, 100 Revenues Ledger Est. Revenues Account Ref Account Title Dr(Cr) 3/4020 Taxes-Real Property 101 Budget Authorization 751,000 102 Received in Cash 3/4050 Licenses and Permits 101 Budget Authorization 101,000 102 Received in Cash Intergovernmental 3/4070 Revenue 101 Budget Authorization 51,000 102 Received in Cash 12,600 10,100 101,000 90,900 15,100 51,000 35,900 48,500 103 4,758 1,700 Appropriations, Expenditures, and Encumbrances Ledger Encumbrances Encumbrances Encumbrances Expenditures Increase Decrease Balance Expenditures Balance Appropriation Balance Account Ref Account / Description Dr (Cr) Dr(Cr) Dr(Cr). Dr(Cr) Cr(Dr) Cr(Dr) General Government 101 Budget Authorization 636,000 636,000 102 Purchase Order Issued 6,450 6,450 629,550 102 Payroll 150,900 150,900 478,650 102 Goods Received 4,750 1,700 4,700 155,600 478,700 5/6/7030 Public Safety 101 Budget Authorization 126,000 126,000 102 Payroll 30,100 95,900 103 50,200 146,100 Culture and 5/6/7050 Recreation 101 Budget Authorization 86,000 86,000 102 Purchase Order Issued 1,250 1,250 84,750 102 Goods Received 1,250 1,050 1,050 84,950 102 Payroll 15,050 16,100 69,900 5/6/7070 Miscellaneous 101 Budget Authorization 15,100 15,100 30,100 30,100 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? Current Balance (1) Estimated Revenues Appropriations Revenues (2) Encumbrances Expenditures 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? (3) Has Budgetary Fund Balance increased, decreased, or remained the same during the first fiscal quarter? 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 Amounts Estimated Revenues Appropriations Required A Required B
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