Business, 22.07.2021 04:00 jameskarbar9p8c9d2

The board of commissioners of the City of Hartmoore adopts a general fund budget for the year ending June 30, 2020. It includes revenues of $1,530,000, bond proceeds of $402,500, appropriations of $1,100,000, and operating transfers out of $502,500. 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?

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The board of commissioners of the City of Hartmoore adopts a general fund budget for the year ending...

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