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For the year ending, June 30, 2006 transactions 2006, the General Fund of th Harlor had the following Fund of the Town of Property table

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For the year ending, June 30, 2006 transactions 2006, the General Fund of th Harlor had the following Fund of the Town of Property table the amo be uncollected. b. Residents paid property The town collesfees for town merchants in d. Property taxes in the amo e. Purchase orders for equip 1. Supplies in the amoun amount of $620,000 were mailed O were mailed. The town estimated that $14,000 would nts in the amount of $99,000 y taxes in the amount of 5550,000 for licenses and permits in nd permits in the amount of $102,000 and sales taxes from ount of $13.000 were deemed uncollectible. went were issued in the amount of $360,000. & Ninety-five percent of the equ will be received in the next h. All of the supplies wer i. All remaining expen thount of $90,000 were ordered. pment was received. The invoice was for $355,000. The remainder Period. Assume that the encumbrances are non-lapsing. Internal Ser were received with an invoice of $90,000. enditures for the year totaled $320,000. from an Enterprise Fund in the amount of $30,000 and from an d in the amount of $20,000. to the Special Revenue for $76,000 requesting reimbursement for he General Fund received bills fro mal Service Fund in the amount of 5 k The General Fund sent a bill to services it provided. sh payments for vouchers payable m. Transfers of cash were made the amount of $8,500, to the En $14,000 on January 1. n. A transfer of cash was rec transfer of cash was receive 0. Supplies in the amount of p. All uncollected property ouchers payable totaled $770,000. made to the Debt Service Fund for payments of principal and interest in the Enterprise Fund for $25,000, and to the Internal Service Fund for was received from the Enterprise Fund in the amount of $10,000, and a was received from the Special Revenue Fund in the amount of $40,000. in the amount of $80,000 were used during the year. cted property taxes on June 30, 2006, were deemed delinquent. 3. Required: Prepare the Jour wire: Prepare the Journal Entries for the preceding transactions

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