General Journal Entries (General Fund Only)

1. At the end of the fiscal year it was determined that $20,000 of the current year tax receivables will not be collected until the last half of the following year.

2.A new computer with an estimated cost of $25,000 was ordered.

3.The county has been awarded a $1,000,000 federal reimbursement grant to improve bike trails. The county has incurred and paid $500,000 of qualifying expenditures during the current year, for which the federal government has reimbursed the county $200,000.