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The Town of Willingdon adopted the following General Fund budget for the fiscal year beginning July 1: $15,500,000 875,000 40

View transaction list Journal entry worksheet Record the budget appropriations. Note: Enter debits before credits. General Jo

a-2. Show entries in the subsidiary ledger accounts. Year Revenues Cr(Dr). Balance Dr(Cr) July 01 July 01 July 01 July 01 Jul

TOWN OF WILLINGDON Appropriations Ledger Encumbrances Encumbrances Encumbrances Expenditures Increase Decrease Balance Dr Cr

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Answer #1

a-1)

Debit Credit
Jul-01 Estimated Revenues    16,975,000.00
Budgetary Fund Balance            75,000.00
Appropriations    16,900,000.00

a-2)

TOWN OF WILLINGDON
Revenues Ledger
Year Account title Est Revenues Dr(Cr) Revenues Cr(Dr) Balance Dr(Cr)
Jul-01 Taxes              15,500,000.00    15,500,000.00
Jul-01 Intergovernmental Revenues                    875,000.00    16,375,000.00
Jul-01 Licenses and Permits                    400,000.00    16,775,000.00
Jul-01 Fines and Forfeits                    125,000.00    16,900,000.00
Jul-01 Miscellaneous Revenues                       75,000.00    16,975,000.00
TOWN OF WILLINGDON
Appropriations Ledger
Account/Description Encumbrances Increase Dr Encumbrances Decrease (Cr) Encumbrances Balance Dr(Cr) Expenditures Dr(Cr) Expenditures Balance Dr(Cr) Appropriation Cr(Dr) Balance Cr(Dr)
General Govt    8,125,000.00      8,125,000.00
Public Safety    6,050,000.00    14,175,000.00
Public works    1,600,000.00    15,775,000.00
Health and welfare    1,000,000.00    16,775,000.00
Misceallneous        125,000.00    16,900,000.00
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Answer #2
Wax Baro Qish Hadii Raadininee, Somali Copy Kama Dhamaato Miyaa,
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answered by: Updywahab252
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