Question

(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 duringAppropriations, Expenditures, and Encumbrances Ledger Encumbrances Encumbrances Encumbrances Expenditures Increase Decrease BRevenues Revenues Balance Dr (Cr) Balance 213,500 765,000 551,500 Revenues Ledger Est. Revenues Account Ref. Account Title Dr

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Answer #1

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 same during the first fiscal quarter?

Refer to the below image for more detailed solution.

x : = was the budget adjusted during the year ? Reapsiyement Jor: yes. The budget was adjusted during the year. Answer: + @ :

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