The City of South Dundee budget for the fiscal year ended June 30, 2017, included an appropriation for the police department in the amount of $8,700,000. During the month of July 2017, the following transactions occurred (in summary):
Purchase orders were issued in the amount of $520,000.
Of the $520,000 in purchase orders, $480,000 were filled, with invoices amounting to $478,000.
Salaries, not encumbered, amounted to $287,000.
A budget appropriations reduction in the amount of $50,000 was approved by the city council.
Prepare an appropriations, expenditures and encumbrances ledger for the police department for the month of July. (Credit amounts should be indicated by a minus sign.)
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