(GL and SL Entries) Prepare the journal entries (budgetary and actual) to record the following transactions and events in the General Ledger, Revenues Ledger, and Expenditures Ledger of a local government General Fund. Identify whether the entry is for the General Ledger or for the subsidiary ledgers. Also, note whether the General Ledger entries are budgetary or actual in nature.

All of the transfers were paid or received except that from the Special Revenue Fund, which will be paid soon.
7. It was discovered that $2,000 of supplies charged to Police in transaction 4 should be charged to Parks, which is financed through a Special Revenue Fund.

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1. The annual budget was adopted, using the modified accrual basis of accounting, as follows: Estimated Revenues: Property taxes Sales taxes Charges for services Other..... Appropriations: General administration..... Police.... Fire Other.. **** Police.. Fire... 2. Property taxes of $408,000 were levied, of which $7,000 are expected to be uncollectible. 3. Purchase orders and contracts were approved for goods and services expected to cost: 4. Most of the goods and services ordered were received. Police. Fire $400,000 200.000 100,000 50,000 $750.000 Encumbered For $ 80,000 310,000 320,000 30,000 $740,000 $ 50,000 90,000 $140,000 $ 40,000 70,000 $110,000 Actual Cost $ 41,000 68,500 $109,500