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A local government has the following information (in thousands). Estimated revenues Revenues Appropriations Expenditures Required a. Prepare the journal entry to record the budget. b.

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A local government has the following information (in thousands). Estimated revenues Revenues Appropriations Expenditures Required a. Prepare the journal entry to record the budget. b. Prepare the journal entry to close the budgetary entries. 32,150 32,190 32,175 32,185

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