1. Prepare the general journal entries to record the adopted budget at the beginning of the fiscal year

2. Show entries in the subsidiary ledger accounts

E3-22 Recording Adopted Budget [LO 3-5) The Town of Willingdon adopted the following General Fund Estimated revenues Taxes Intergovernmental revenues Licenses and permits Fines and forfeits Miscellaneous revenues $15, 000,000 1,000,000 400,000 150,000 100,000 $16,650,000 Total estimated revenues es Appropriations: General government Public safety Public works Health and welfare Miscellaneous 8,000,000 6,000,000 1,550,000 950,000 100,000 $16,600,000 Total appropriations Required a-1. Prepare the general journal entries to record the adopted transaction/event, select "No Journal Entry Required" it View transaction list View journal entry worksheet