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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
Est. Revenues Revenues Balance
Account Ref. Account Title Dr(Cr) Cr(Dr) Dr(Cr)
3/4020 TaxesReal Property
101 Budget Authorization 757,000 757,000
102 Received in Cash 206,300 550,700
3/4050 Licenses and Permits
101 Budget Authorization 107,000 107,000
102 Received in Cash 10,700 96,300
3/4070 Intergovernmental Revenue
101 Budget Authorization 57,000 57,000
102 Received in Cash 15,700 41,300
103 13,200 54,500

Appropriations, Expenditures, and Encumbrances Ledger
Encumbrances Increase Encumbrances Decrease Encumbrances Balance Expenditures Expenditures Balance Appropriation Balance
Account Ref Account / Description Dr (Cr) Dr(Cr) Dr(Cr) Dr(Cr) Cr(Dr) Cr(Dr)
5/6/7020 General Government
101 Budget Authorization 642,000 642,000
102 Purchase Order Issued 6,750 6,750 635,250
102 Payroll 156,300 156,300 478,950
102 Goods Received 5,050 1,700 5,000 161,300 479,000
5/6/7030 Public Safety
101 Budget Authorization 132,000 132,000
102 Payroll 30,700 30,700 101,300
103 51,400 152,700
5/6/7050 Culture and Recreation
101 Budget Authorization 92,000 92,000
102 Purchase Order Issued 1,550 1,550 90,450
102 Goods Received 1,550 0 1,350 1,350 90,650
102 Payroll 15,350 16,700 75,300
5/6/7070 Miscellaneous
101 Budget Authorization 15,700 15,700

Required

Assuming that there are no other General Fund revenue or expenditure transactions, answer the following questions.

  1. What were the original approved budget amounts for Estimated Revenues and for Appropriations?
  2. (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?
  3. (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?

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