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Prepare budgetary entries, using general ledger control accounts only, for each of the following unrelated situations: Anticipated revenues are dollar 10 million; anticipated expenditures and encumbrances are dollar 9.7 million. Anticipated revenues arc dollar 9.7 million; anticipated expenditures and encumbrances are dollar 10 million. Anticipated revenues are dollar 10 million: anticipated transfers from other funds are dollar 1.3 million; anticipated expenditures and encumbrances are dollar 9.7.million; anticipated transfers to other funds dollar1.1 million. Anticipated revenues are transfers dollar 9.7.million; anticipated transfers from other funds are dollar 1.1 million anticipated expenditures and encumbrances are dollar 10 million; anticipated transfers to other funds are dollar 1.3 million.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92640886

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