In Electronic Data Interchange (EDI), the software that includes ...

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In Electronic Data Interchange (EDI), the software that includes the purchasing system at the origin and the order entry system at the destination is known as
 a. translation software
  b. value-added network (VAN)
  c. the communications network
  d. application software

Question 2

(Recording the budget and a budget revision
 
  )
 
   The council of the Town of Tulia approved the 2013 budget as follows:
 
   Budgeted 2013 revenues from:
   Property taxes 5,000,000
   Sales taxes 1,000,000
   Appropriations for 2013:
   Salaries 4,600,000
   Materials 1,200,000
   Equipment 100,000
 
   During 2013, the town's mayor presented the council with a budget revision to increase the amount of appropriation for salaries by 10,000 . The council approved this budget revision.
 
  Required:
   a. Prepare the general journal entry necessary to initially record the budget.
   b. Prepare the general journal entry necessary to record the budget revision.

[jomama]

Answer to Question 1

D

Answer to Question 2

a. Estimated revenuesproperty taxes 5,000,000
Estimated revenuessales taxes 1,000,000
Appropriationssalar ies 4,600,000
Appropriationsmater ials 1,200,000
Appropriationsequip ment 100,000
Budgetary fund balance 100,000

b. Budgetary fund balance 10,000
Appropriationssalar ies 10,000

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Excellent

[chjcharjto14]

TYSM