The following selected events occurred in the general fund of the Village of Sleepy Hollow during the

Question:

The following selected events occurred in the general fund of the Village of Sleepy Hollow during the fiscal year ended June 30, 20X6:

1. The operating budget included the following resource inflows and outflows:

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2. Sleepy Hollow uses the lapsing method of accounting for encumbrances. The appropriations included encumbrances of $\$ 18,000$ related to the year ended June 30, 20X5.
3. The property tax levy was $\$ 816,000$, and estimated uncollectibles were $\$ 16,000$.
4. Property taxes of $\$ 805,000$ were collected. The estimated uncollectibles balance was decreased to $\$ 6,000$, and the remaining receivables and allowance were reclassified to delinquent at yearend.
5. Received $\$ 102,000$ of sales tax revenue from the state and $\$ 24,000$ from licenses and permits.
6. Received transfer in of $\$ 70,000$ from a special revenue fund. Made a $\$ 25,000$ transfer out to establish an internal service fund. For both of these transactions, record the interfund receivable/payable before recording the cash transfer.
7. Ordered computer equipment costing $\$ 50,000$. Received computer equipment and paid the actual cost of $\$ 50,500$ two weeks after receipt of the equipment.
8. Made a loan to an enterprise fund for $\$ 20,000$ on January $1,20 \mathrm{X} 6$. The loan was repaid with interest at 6 percent on June 30, 20X6.
9. Used the services of the central motor pool and was billed $\$ 500$. The bill was paid within one week of its receipt by the general fund.
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Prepare journal entries for the general fund to record these transactions involving the Village of Sleepy Hollow for the year ended June 30, 20X6.