The City of South Dundee budget for the fiscal year ended June 30, 2012, included an appropriation for the police department in the amount of $16,000,000. During the month of July 2011, the following transactions occurred (in summary):
Purchase orders were issued in the amount of $600,000.
Of the $600,000 in purchase orders, $580,000 were filled, with invoices amounting to $575,000.
Salaries, not encumbered, amounted to $798,000.
A budget appropriations reduction in the amount of $20,000 was approved by the city council.
Prepare an appropriations, expenditures and encumbrances ledger for the police department for the month of July, in a format similar to Illustration 3?7.
This question was answered on: Jul 11, 2017
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