a-2. Show entries in the subsidiary ledger accounts. TOWN OF WILLINGDON Estimated Revenues Ledger Date Account Title July 01 Taxes July 01 Intergovernmental Revenues July 01 Charges for Services July 01 Fines and Forfeits July 01 Miscellaneous Revenues Est. Revenues Dr(Cr) Revenues Cr(Dr) Balance Dr(Cr) TOWN OF WILLINGDON Appropriations Ledger Encumbrances Encumbrances Encumbrances Account/Description Increase Dr Decrease Cr Balance Dr(Cr) Expenditures Dr(Cr) Expenditures Balance Dr(Cr) Appropriation Cr(Dr) Balance Cr(Dr) General Government Public Safety Public Works Culture and Recreation Miscellaneous Exercise 3-22 (Algo) Recording Adopted Budget [LO 3-5] The Town of Willingdon adopted the following General Fund budget for the fiscal year beginning July 1: Estimated revenues: Taxes Intergovernmental revenues. Charges for Services Fines and forfeits Miscellaneous revenues Total estimated revenues Appropriations: General government Public safety Public works Culture and recreation Miscellaneous Total appropriations $14,500,000 1,125,000 428,000 175,000 125,000 $16,353,000 $ 7,875,000 5,950,000 1,500,000 900,000 75,000 $16,300,000 Required a-1. Prepare the general journal entries to record the adopted budget at the beginning of the fiscal year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet A Record the budget appropriations. Note: Enter debits before credits. Date July 01 General Journal Debit Credit Estimated Revenues Record entry Clear entry View general journal