Exercise 3-10:

Appearing below is the subsidiary ledger for the public safety department of the City of Boone. After the first month of the year, five entries have been made to the ledger.

Transaction	Appropriations	Encumbrances	Expenditures	Unexpended Appropriation Balance [ = SUM]
1	($254,000)*			($254,000)
2		$18,000		($236,000)
3		($15,000)	$14,500	($236,500)
4			11,000	($225,500)
5	$17,000			($208,500)
	($237,000)	$3,000	$25,500	($208,500)

*$ amounts in ( ) denote credits.

Describe the most likely event that led to each of the postings (items 1-5).