For each of the summarized transactions for the Village of Sycamore General

Fund, prepare the general ledger journal entries.

A. The budget was formally adopted, providing for estimated revenues of $1,070,000 and appropriations of $996,000.

B. Revenues were received, all in cash, in the amount of $1,010,000.

C. Purchase orders were issued in the amount of $479,000.

D. Of the $479,000 in (c), purchase orders were filled in the amount of $470,500; the invoice amount was $470,000 (not yet paid).

E. Expenditures for payroll not encumbered amounted to $510,000 (not yet paid).

F. Amounts from (d) and (e) are paid in cash.