1. For each of the summarized transactions for the Village of Sycamore General Fund, prepare the general ledger journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
   1. The budget was formally adopted, providing for estimated revenues of $1,074,000 and appropriations of $1,003,000.
   2. Revenues were received, all in cash, in the amount of $1,017,000.
   3. Purchase orders were issued in the amount of $484,000.
   4. Of the $484,000 in (c), purchase orders were filled in the amount of $476,500; the invoice amount was $474,500 (not yet paid).
   5. Expenditures for payroll not encumbered amounted to $516,000 (not yet paid).
   6. Amounts from (d) and (e) are paid in cash.