Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

تمرين 81

The board of commissioners of the City of Hartmoore adopted a General Fund budget for the year ending June 30, 2010, that included revenues of $1,000,000, bond proceeds of $400,000, appropriations of $900,000, and operating transfers out of $300,000.If this budget is formally integrated into the accounting records, what journal entry is required at the beginning of the year What later entry is required