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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: Revenues Cr(Dr) Balance Dr (Cr). 758,000 550, 800 207,200 Revenue 3 Ledger Est. Revenues Account Ref. Account Title Dr (Cr) 3/4020 Taxes-Real Property 101 Budget Authorization 758,000 102 Received in Cash 3/4050 Licenses and Permits 101 Budget Authorization 108,000 102 Received in Cash 3/4070 Intergovernmental Revenue 101 Budget Authorization 58,000 102 Received in Cash 103 13,300 10,800 108,000 97,200 15,800 58,000 42,200 55,500 Appropriations, Expenditures, and Encumbrances Ledger Encumbrances Encumbrances Encumbrances Expenditures Increase Decrease Balance Expenditures Balance Appropriation Dr (Cr) Dr (Cr) Dr (Cr). Dr (Cr) Cr (Dr) Balance Cr(Dr) 643,000 6,800 6,800 643,000 636, 200 479,000 479,050 5,100 5, 100 2,700 495,050 157,200 5,050 157,200 162,250 133,000 Account Ref Account / Description 5/6/7020 General Government 101 Budget Authorization 102 Purchase Order Issued 102 Payroll 102 Goods Received 5/6/7030 Public Safety 101 Budget Authorization 102 Payroll 103 5/6/7050 Culture and Recreation 101 Budget Authorization 102 Purchase Order Issued 102 Goods Received 102 Payroll 5/6/7070 Miscellaneous 101 Budget Authorization 30,800 30,800 133,000 102,200 153,800 51,600 93,000 1,600 1,600 1,600 93,000 91,400 91,600 76,200 1,400 15,400 1,400 16,800 15,800 15,800 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 Amounts Estimated Revenues Appropriations

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