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The Chesepeake City Council approved and adopted its budget for FY 2008.

The Chesepeake City Council approved and adopted its budget for FY 2008. The budget contained the following amounts
Estimated Revenues $900,000
Appropriation $860,00
Authorized transfer to the debt service fund $30,000

During FY 2008, various transactions and events ocurred that affected the general fund. Select whether each account given below should be debited, credited, or is not affected

Recording the FY 2008 property tax levy in the general fund. It was estimated that $6,000 would be uncollectible

1Propert Tax ____
2 Bad debt expense ___
3Allowance for uncollectibles-current ___
4 Revenues ___
5 Estimated Revenues ____

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547321_ACC The Chesepeake City Council approved and adopted its budget for FY 2008. The budget
contained the following amounts
Estimated Revenues $900,000
Appropriation $860,00
Authorized transfer...

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