1. Prepare the General Ledger journal entries for the General Fund for the Village of Bath for the year ended December 31, 2017. The budget was formally adopted. Estimated revenues are $3,250,000 and appropriations are estimated to be $3,204,500. Revenues were received in the amount of $3,256,500. Purchase orders were issued in the amount of $1,690,000. Purchase orders were filled in the amount of $1,436,500. The invoice amount was $1,443,000. Expenditures, not encumbered, amounted to $1,352,000. (not yet paid) Amounts from d and e are paid.

2.The following are GASBs fund balance classifications. Define and give an example of each: Non-spendable, Restricted, Committed, Assigned, and Unassigned.

list references