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25 For each of the summarized transactions for the Village of Sycamore General Fund, prepare the general ledger journal entries. (If no entry is

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25 For each of the summarized transactions for the Village of Sycamore General Fund, prepare the general ledger journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a. The budget was formally adopted, providing for estimated revenues of $1,120,000 and appropriations of $987,000. b. Revenues were received, all in cash, in the amount of $1,105,000. 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 $513,000 (not yet paid). f. Amounts from (d) and (e) are paid in cash. View transaction list Journal entry worksheet A B C D E F G The budget was formally adopted, providing for estimated revenues of $1,120,000 and appropriations of $987,000. Note: Enter debits before credits Event a. General Journal Debit Credit

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