(Recording thebudget and a budget revision)

           The council of the Town of Tulia approved the 2013 budget asfollows:

           Budgeted 2013 revenues from:

              Propertytaxes                                            $5,000,000

              Salestaxes                                                 $1,000,000

           Appropriations for 2013:

             Salaries                                                      $4,600,000

             Materials                                                    $1,200,000

             Equipment                                                     $100,000

During 2013, thetown’s mayor presented the council with a budget revision toincrease the amount of appropriation for salaries by $10,000. Thecouncil approved this budget revision.

           a.         Prepare thegeneral journal entry necessary to initially record the budget.

           b.         Prepare thegeneral journal entry necessary to record the budget revision.