a. The treasurer of Tyler sends out property tax bills of $200,000; 1% is considered uncollectible
b. Current property taxes of $176,000 and past-due taxes of $14,000 were collected.
c. A specifi c property tax bill ($1,000) is determined to be uncollectible.
d. Fees in the amount of $20,000 are collected for hunting licenses.
e. Other revenues in the amount of $200,000 are collected.
f. The payroll for salaries of $20,000 is vouchered for payment.
g. Playground equipment expected to cost $15,000 is ordered.
h. The playground equipment is received and has an actual cost of $14,000.
i. Tyler received equipment that had been ordered in the previous fiscal year. The actual cost was $9,500
j. Supplies in the amount of $11,000 were ordered. By year-end, only $5,000 worth of these supplies has been received
The consumption method is used.
k. The note payable that was outstanding at June 30, 2011, becomes due and is paid.
l. Various expenditures are paid throughout the year totaling $348,040.
m. Supplies in the amount of $3,000 are on hand at year-end.
n. Assume that uncollected taxes on June 30, 2011, are past due.
o. Closing entries are made.
2. Prepare (Taller 4 ) a budgetary comparison statement for the Tyler general fund.

The Town of Tyler approved the following general fund budget for the fiscal year July 1, 2011, to June 30, 2012: TOWN OF TYLER GENERAL FUND BUDGET SUMMARY FOR THE YEAR JULY 1, 2011 TO JUNE 30, 2012 Revenue Sources Taxes Licenses and permits Intergovernmental revenue Charges for services Fines and forfeits Rents and royalties Miscellaneous revenues Total budgeted revenues $250,000 20.000 40,000 60,000 15,000 10,000 5,000 $400.000 TOWN OF TYLER GENERAL FUND BUDGET SUMMARY FOR THE YEAR JULY 1, 2011 TO JUNE 30, 2012 Expenditures Current services General government Public safety Highways and streets Sanitation Health and welfare Recreation Capital outlays Total appropriations Budgeted increase in fund balance $45,000 140,000 90.000 55,000 20,000 30,000 15,000 $395,000 $5,000 The after-closing trial balance of the Town of Tyler general fund at June 30, 2011, shows the following ledger account balances: 31.000 15.000 3.000 6,000 55,000 Debits Cash Tax receivable-delinquent Accounts receivable Supplies inventory Total debits Credits Allowances for uncollectible taxes-delinquent Vouchers payable Note payable (short-term) Fund balance-committed Fund balance-nonspendable Fund balance-unassigned Total credits 1.000 14.000 15.000 9,000 6.000 10,000 S5.000 1. Prepare journal entries and T account balances to record the budget and each of the following transactions: The Town of Tyler approved the following general fund budget for the fiscal year July 1, 2011, to June 30, 2012: TOWN OF TYLER GENERAL FUND BUDGET SUMMARY FOR THE YEAR JULY 1, 2011 TO JUNE 30, 2012 Revenue Sources Taxes Licenses and permits Intergovernmental revenue Charges for services Fines and forfeits Rents and royalties Miscellaneous revenues Total budgeted revenues $250,000 20.000 40,000 60,000 15,000 10,000 5,000 $400.000 TOWN OF TYLER GENERAL FUND BUDGET SUMMARY FOR THE YEAR JULY 1, 2011 TO JUNE 30, 2012 Expenditures Current services General government Public safety Highways and streets Sanitation Health and welfare Recreation Capital outlays Total appropriations Budgeted increase in fund balance $45,000 140,000 90.000 55,000 20,000 30,000 15,000 $395,000 $5,000 The after-closing trial balance of the Town of Tyler general fund at June 30, 2011, shows the following ledger account balances: 31.000 15.000 3.000 6,000 55,000 Debits Cash Tax receivable-delinquent Accounts receivable Supplies inventory Total debits Credits Allowances for uncollectible taxes-delinquent Vouchers payable Note payable (short-term) Fund balance-committed Fund balance-nonspendable Fund balance-unassigned Total credits 1.000 14.000 15.000 9,000 6.000 10,000 S5.000 1. Prepare journal entries and T account balances to record the budget and each of the following transactions