. Estimated revenues (legally budgeted) Property taxes --------------------------------------Birr 5,000,000 Sales taxes------------------------------------------- 4,000,000 Licenses and permits ------------------------------ 1,500,000 Miscellaneous -------------------------------------- 500,000 2. Appropriations General government ------------------------------ Birr 5,000,000 Culture and recreation----------------------------- 4,500,000 Health and welfare --------------------------------- 1,000,000 3. Revenues received (cash) Property taxes--------------------------------------- Birr 4,783,541 Sales taxes--------------------------------------------- 4,501,009 Licenses and permits--------------------------------- 1,700,000 Miscellaneous----------------------------------------- 800,000 2 4. Encumbrances issued (includes salaries and other recurring items) Estimated General government ----------------------------- Birr 5,100,000 Culture and recreation---------------------------- 4,650,000 Health and welfare-------------------------------- 905,000 5. Goods and services received (paid in cash) Estimated Actual General government ---------------------- Birr 5,100,000 Birr 5,035,450 Culture and recreation ------------------- 4,650,000 4,610,000 Health and welfare---------------------- 905,000 891,550 6. Budget revisions Increase appropriations General government ------------------------- Birr 100,000 Culture and recreation------------------------ 150,000 7. Fund balanceUnrestricted on June30, 2013, was Birr 735,000. There were no outstanding encumbrances at that date. Required A. Record the transactions using appropriate journal entries. (7pts) B. Prepare a budgetary comparison schedule for the General Fund.(6pts)