4:55 PM 11%, o etisalat 4G 12. Following are transactions and events of the General Fund of the City Springfield for the fiscal year ended December 31, 2015. 1. Estimated revenues (legally budgeted) 5,700,000 4,300,000 Licenses and permits 500,000 2. Appropriations General government $5,400,000 Culture and recreation 4,500,000 Health and welfare 1,000,000 3. Revenues received (cash) $5,285,000 Sales taxes Licenses and permits 1,700,000 800,000 4. Encumbrances issued (ncludes salaries and other recuming itens) General government S5,300,000 Culture and recreation Health and welfare 5. Goods and services received (paid in cash) Estimated Actual General government $5,300,000 $5.296.000 Culture and recreation 4,650,000 4,610,000 Health and welfare 891,550 6. Budget revisions $140,000 General government Culture and recreation 110,000 7. Fund balance on January 1, 2015, was $753,000. There were no out- standing encumbrances at that date. a. Record the transactions using appropriate journal entries. b. Prepare a budgetary comparison schedule for the General Fund