3. Assume that the County of Katerah maintains its books and records in a manner that facilitates preparation of the fund financial statements. The County formally integrates the budget into the accounting system and uses the encumbrance system. All appropriations lapse at year-end. At the beginning of the fiscal year, the County had the following balances in its accounts. All amounts are in thousands.

REQUIRED: Prepare the necessary entries for the current fiscal year.

Cash $200

Fund Balance-Unreserved 50

Reserve for Encumbrances 150

(a) The County made the appropriate entry to restore the prior year purchase commitments.

(b) The County Board approved a budget with revenues estimated to be $800 and expenditures of $750.

(c) The County received the items that had been ordered in the prior year at an actual cost of $135.

(d) The County ordered supplies at an estimated cost of $50 and equipment at an estimated cost of $70.

(e) The County incurred salaries and other operating expenses during the year totaling $600. The County paid these items in cash.

(f) The County received the equipment at an actual cost of $75.

(g) The County earned and collected, in cash, revenues of $810.