he Town of Willingdon adopted the following General Fund budget for the fiscal year beginning July 1:

Estimated revenues:
Taxes	$	14,700,000
Intergovernmental revenues		1,075,000
Licenses and permits		420,000
Fines and forfeits		165,000
Miscellaneous revenues		115,000
Total estimated revenues	$	16,475,000
Appropriations:
General government	$	7,925,000
Public safety		5,970,000
Public works		1,520,000
Health and welfare		920,000
Miscellaneous		85,000
Total appropriations	$	16,420,000

Required

1. a-1. Prepare the general journal entries to record the adopted budget at the beginning of the fiscal year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

1. a-2. Show entries in the subsidiary ledger accounts.