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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

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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.) a. The budget was formally adopted, providing for estimated revenues of $1,070,000 and appropriations of $996,000 b. Revenues were received, all in cash, in the amount of $1,010,000. c. Purchase orders were issued in the amount of $479,000. d. Of the $479,000 in (c) purchase orders were filled in the amount of $470,500, the invoice amount was $470,000 (not yet paid). e. Expenditures for payroll not encumbered amounted to $510,000 (not yet paid). f. Amounts from (d) and (e) are paid in cash. Purchase orders were issued in the amount of $479,000. Note: Enter debits before credits Event General Journal Debit Credit C.

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