Following are transactions and events of the General Fund of the City of Springfield for the fiscal year ended December 31,202 1. Estimated revenues (legally budgeted) PropertytaxesSalestaxesLicensesandpermitsMiscellaneous$5,641,0004,830,0001,500,000500,000 2. Appropriations General government $5,285,000 Culture and recreation 4,210,000 Health and welfare 1,000,000 3. Revenues received (cash) PropertytaxesSalestaxesLicensesandpermitsMiscellaneous$5,545,0004,700,0001,700,000800,000 4. Encumbrances issued (includes salaries and other recurring items) Estimated General government Culture and recreation Health and welfare 5. Goods and services received (paid in cash) General government Culture and recreation Health and welfare 6. Budget revisions Increase appropriations: General government $140,000 Culture and recreation 110,000 7. Fund balance on January 1, 2020, was $753,000. There were no outstanding encumbrances at that date. a. Record the transactions using appropriate journal entries. b. Prepare a budgetary comparison schedule for the General Fund. Goods and services received (paid in Cash - ESTIMATED): Record the transactions using appropriate journal entries. > Following are transactions and events of the General Fund of the City of Springfield for the fiscal year ended December 31,202 1. Estimated revenues (legally budgeted) PropertytaxesSalestaxesLicensesandpermitsMiscellaneous$5,641,0004,830,0001,500,000500,000 2. Appropriations General government $5,285,000 Culture and recreation 4,210,000 Health and welfare 1,000,000 3. Revenues received (cash) PropertytaxesSalestaxesLicensesandpermitsMiscellaneous$5,545,0004,700,0001,700,000800,000 4. Encumbrances issued (includes salaries and other recurring items) Estimated General government Culture and recreation Health and welfare 5. Goods and services received (paid in cash) General government Culture and recreation Health and welfare 6. Budget revisions Increase appropriations: General government $140,000 Culture and recreation 110,000 7. Fund balance on January 1, 2020, was $753,000. There were no outstanding encumbrances at that date. a. Record the transactions using appropriate journal entries. b. Prepare a budgetary comparison schedule for the General Fund. Goods and services received (paid in Cash - ESTIMATED): Record the transactions using appropriate journal entries. >