(Budgetary Entries General Ledger) The city of Cherokee Sound adopted its fiscal year 20X5 General Fund budget, using the modified accrual basis of accounting, on January 1, 2005. Budgeted revenues were $15 million; budgeted expenditures were $15,500,000. . August 5, 20X5, the Cherokee Sound City Council adopted a motion by the Mayor to increase the police department appropriation by $250,000. All other budgeted items remained unchanged. September 1, the city council revised the estimate of sales tax revenues upward by $75,000. Actual revenues for the year totaled $16,300,000. Expenditures for the year totaled $15,600,000. - . . a. Record the budgetary events in the General Fund general ledger accounts. 110 Point