Business, 25.02.2020 02:33 Jackson4568
The Town of Willingdon adopted the following General Fund budget for fiscal year 2017: Estimated revenues: Taxes $ 15,200,000 Intergovernmental revenues 950,000 Licenses and permits 420,000 Fines and forfeits 140,000 Miscellaneous revenues 90,000 Total estimated revenues $ 16,800,000 Appropriations: General government $ 8,050,000 Public safety 6,020,000 Public works 1,570,000 Health and welfare 970,000 Miscellaneous 110,000 Total appropriations $ 16,720,000
Required
a-1.
Prepare the general journal entries to record the adopted budget at the beginning of FY 2017. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
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The Town of Willingdon adopted the following General Fund budget for fiscal year 2017: Estimated rev...
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