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Check my work 19 The City of Castleton's General Fund had the following post-closing trial balance at June 30, 2022, the end of its fiscal

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Check my work 19 The City of Castleton's General Fund had the following post-closing trial balance at June 30, 2022, the end of its fiscal year, Debita Credits Cash $469,000 saladecavable 35.000 Taxes Receivable Delinquent 597,000 Alle for collet delinquent Tax #203,000 Interest and Penalties Receivable 27,680 Allowance for collectible Interest and Penalties 12,560 Tavventory of fupplies Vouchers Payable 17.500 162,500 Due to Tederal Government 73,490 Deferred to love of our vailable Revenge 456.000 Tund Balance Bonapendable-nventory of Supplies 17.500 Tundame-Onassinad 210130 61,135,180 01.135.100 ference a. Record the effect of the following transactions on the General Fund and governmental activities for the year onded June 30, 2023 b. Record in general journal form entries to close the budgetary and operating statement accounts in the General Fund only Complete this question by entering your answers in the tabs below. Required ured Record the effect of the following transactions on the General Fund and governmental activities for the year ended June 30, 2023. Avoid use of functional details for expenses and tection of revenue accounts. So, use of account names Expenses and revenues will suffice wherever required. (If no istinn minn Check my work 19 Trans und Governmental Activities General Journal Debit C 1. The budget for FY 2023 provided for General Fund estimated revenues totaling $3.420.000, appropriations totaling $3.140,000, and another facing une interfundrar out of 5226,000 1 General Fund 1 65 points Mences 2. The city council authorend temporary borrowing of 5480.000 in the form of a 120-day tax anticipation not obtained from a local bank GFund and Government Activities 3. The property tax levy for FY2023 was recorded. Natased valuation of table property for the year was 548,200,000, and the tax rate was per $100 t wantimated that percent of the Nivy would be uncollectible General Fund Governali 4. Purchase orders and contracts were issued to vendors and others in the amount of $2,200,000 4 General Fund Governmental Activities 5. $2,190,000 of current taxes, $397,270 of delinquent taxes, $21,970 of interest and penalties, and $25,000 of accrued sales taxes were collected. The delinquent taxes and associated interest and penalties were collected more than 60 days after the prior year-end. Record the $2,190,000 of current taxes, $397.270 of delinquent taxes, and $21.970 of interest and penalties collected General Fund 5b Record the delinquent taxes and associated intorest and penalties collected more than 60 days after the prior year-end

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