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Sphinxa [80]
3 years ago
14

The City of South River budget for the fiscal year ended June 30, 2020, included an appropriation for the police department in t

he amount of $8,706,000. During the month of July 2020, the following transactions occurred (in summary): Purchase orders were issued in the amount of $533,000. Of the $533,000 in purchase orders, $496,000 were filled, with invoices amounting to $486,000. Salaries, not encumbered, amounted to $302,000. A budget appropriations reduction in the amount of $58,000 was approved by the city council. Prepare an appropriations, expenditures, and encumbrances ledger for the police department for the month of July. (Credit amounts should be indicated by a minus sign.)
Business
1 answer:
Eduardwww [97]3 years ago
3 0

Answer:

CITY OF SOUTH RIVER

APPROPRIATION (appr), EXPENDITURES (expend), AND ENCUMBRANCES (encum) LEDGER

GENERAL FUND: PUBLIC SAFETY - POLICE

MONTH: JULY, 2020

Tran

-  Refer  -  App  -     Encum  -   Expend  -  Unexpended App Balance

1       Budget   -8706000      -              -                     8706000

2    Purchase

      Orders

      issued          -         533000          -                     8173000

3   Invoice

   received and

   approved for

    payment        -          -496000       486000                8183000

4     Payrolls      -               -                  302000               7881000

5     Budget

   Revision     58000             -                -                         7823000

Total                8648000     37000          788000              7823000

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