he printout of the Revenues and Appropriations subsidiary ledgeraccounts for the General Fund of the City of Augusta for the firstquarter of the fiscal year appeared as follows: Revenues LedgerEst. Revenues Revenues Balance Account Ref. Account Title Dr(Cr)Cr(Dr) Dr(Cr) 3/4020 Taxes—Real Property 101 Budget Authorization764,000 764,000 102 Received in Cash 212,600 551,400 3/4050Licenses and Permits 101 Budget Authorization 114,000 114,000 102Received in Cash 11,400 102,600 3/4070 Intergovernmental Revenue101 Budget Authorization 64,000 64,000 102 Received in Cash 16,40047,600 103 13,900 61,500 Appropriations, Expenditures, andEncumbrances Ledger Encumbrances Increase Encumbrances DecreaseEncumbrances Balance Expenditures Expenditures BalanceAppropriation Balance Account Ref Account / Description Dr (Cr)Dr(Cr) Dr(Cr) Dr(Cr) Cr(Dr) Cr(Dr) 5/6/7020 General Government 101Budget Authorization 649,000 649,000 102 Purchase Order Issued7,100 7,100 641,900 102 Payroll 162,600 162,600 479,300 102 GoodsReceived 5,400 1,700 5,350 167,950 479,350 5/6/7030 Public Safety101 Budget Authorization 139,000 139,000 102 Payroll 31,400 31,400107,600 103 52,800 160,400 5/6/7050 Culture and Recreation 101Budget Authorization 99,000 99,000 102 Purchase Order Issued 1,9001,900 97,100 102 Goods Received 1,900 0 1,700 1,700 97,300 102Payroll 15,700 17,400 81,600 5/6/7070 Miscellaneous 101 BudgetAuthorization 16,400 16,400
Required
Assuming that there are no other General Fund revenue orexpenditure transactions, answer the following questions. What werethe original approved budget amounts for Estimated Revenues and forAppropriations? (1) Was the budget adjusted during the year? (2) Ifso, which accounts if any were adjusted and by how much? (3) Intotal, has Budgetary Fund Balance increased, decreased, or remainedthe same during the first fiscal quarter? (1) What are the currentbalances of the Estimated Revenues and Appropriations controlaccounts? (2) What are the current balances of the Revenues,Encumbrances, and Expenditures control accounts?
