accounts for its revenues and day-to-day operating expenditures in its General Fund. The Town uses encumbrance accounting to keep budgetary control over the appropriation for "other expenditures." Prepare journal entries to record these transactions in the General Fund for the calendar year 2019.

a. A long-time employee of the Town of Plattsburgh retires. Per Town policy, the employee is paid $9,800 for accumulated vacation pay.

b. To raise the required $315,000 in property taxes, property owners are billed for a total of $317,000. This will allow $2,000 for estimated uncollectible property taxes and refunds.

c. To provide cash at the start of the year, the Town borrows $100,000 from the Electric Utility Enterprise Fund. The borrowing will be repaid in six months.

d. The Town sends a purchase order for $4,000 to a vendor for supplies.

e. The General Fund pays $85,000 to the Debt Service Fund (DSF) to enable the DSF to pay interest and principal on Town debt.

f. The vendor in d., above, delivers the supplies ordered by the Town, and bills the Town for $4,200. The Town accepts delivery and prepares a voucher for the full amount of the bill. The Town uses the purchases method to account for supplies inventory.

g. Property owners pay property taxes in the amount of $300,000.

h. The Town repays the $100,000 borrowed in c., above.