Business, 12.04.2021 21:50, dawsoncollins4117
The City of South River budget for the fiscal year ended June 30, 2020, included an appropriation for the police department in the amount of $8,710,000. During the month of July 2020, the following transactions occurred (in summary): Purchase orders were issued in the amount of $541,000. Of the $541,000 in purchase orders, $500,000 were filled, with invoices amounting to $490,000. Salaries, not encumbered, amounted to $306,000. A budget appropriations reduction in the amount of $59,000 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.)
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The City of South River budget for the fiscal year ended June 30, 2020, included an appropriation fo...
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