Prepare journal entries to record these transactions

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Reference no: EM131039632

The Central Think Tank (CTT) receives a separate appropriation from Congress for the acquisition of advanced intelligence-gathering materials. The following is a summary of transactions affecting the CTT's intelligence-gathering material appropriation for the year ended September 30, 2013. Prepare journal entries to record these transactions; state which entries are budgetary and which are proprietary. Also, prepare a statement of budgetary resources. Assume that all resources not obligated by year-end are not available for future obligation.

Reference no: EM131039632

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