Journal entries for General Fund financial transactions for Croton City Prepare journal entries, as appropriate, to record these transactions. (We suggest you post the journal entries to general ledger T-accounts.) 1. Of the $800 in property taxes receivable at January 1, $780 was collected in cash. The remaining $20 was written off as uncollectible. Deferred property taxes at the beginning of the year were recognized as revenue ($300). 2. Accrued salaries from the previous year ($700) were paid. 3. Property taxes in the amount of $9,030 were levied in order to provide revenues of $9,000. Tax bills were sent to the property owners. An allowance for uncollectible taxes was established. 4. During the year, property taxes of $8,100 were collected in cash. 5. The state collects personal income taxes on behalf of the city. During the year, Croton received personal income taxes of $4,600 from the state. 6. The Parks Department collected $700 in recreation fees during the year. 7. Croton paid salaries of $13,600, charging the salary appropriations as follows: Public safety $6,700 Public works 4700 Parks 2,200 8. The state sent the city a check for $1,000 to finance a special public safety program, stipulating that the resources could be used at any time during 2019 or 2020. The $6,700 in public safety salaries paid in the previous transaction includes $800 of salaries for this program, so $200 remains available for spending on the program in 2020. 9. Unpaid salaries at year-end (to be paid during the first week of 2020) were as follows: Public safety $350 Public works 250 Parks 100 10. At year-end, the uncollected property taxes were declared delinquent. The existing allowance for uncollectible taxes is reclassified to delinquent. Croton's director of finance estimated that $500 of the uncollected taxes would be collected in January and February 2020 and $400 would be collected during the rest of 2020. 11. In January 2020, the state advised Croton that the state held $500 in personal income taxes on the city's behalf and that it would send the taxes to Croton by February 10. It also told Croton that it was likely that, by April 30, Croton would receive an additional $200 of taxes with final returns, but that tax refunds would probably be $300. (Remember that "available" for income taxes is defined as taxes expected to be collected within 120 days after the end of the calendar year.) 12. Police officers who retired at the end of 2019 will be paid $10 for unused vacation pay on January 6, 2020