The budgetary comparison schedule for the city of salem


The Budgetary Comparison Schedule for the City of Salem appears in Illustration 2–16. Assume the general and subsidiary ledgers for the General Fund were lost after a water pipe burst. You are charged with reproducing the journal entries that took place during the year ended December 31, 2012.

Use the excel file provided to prepare summary journal entries, including subsidiary ledger entries, for the following events.

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Financial Accounting: The budgetary comparison schedule for the city of salem
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