Business, 11.02.2020 17:17 EricBryanLopez

The Town of Willingdon adopted the following General Fund budget for the fiscal year beginning July 1: 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 the fiscal year.

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The Town of Willingdon adopted the following General Fund budget for the fiscal year beginning July...

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