15. The City of Portland has the following budget data for the current fiscal year:...
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Accounting
15. The City of Portland has the following budget data for the current fiscal year: Estimated Revenues: $7,800,000 Appropriations: $8,900,000 Estimated Other Financing Sources: $1,200,000 The city just approved the budget and these amounts. Prepare the necessary budgetary journal entry in the General Ledger.-10 points
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