Journal Entries please!!

1 60 points Jefferson County General Fund began the year 2020 with the following account balances: credits debits $132,348 47,220 $ 500 Cash Property Taxes Receivable Allowance For Uncollectible Taxes Supplies Deferred Property Taxes Fund Balance 660 22,000 157,728 $180,228 $180,228 During 2020, Jefferson experienced the following transactions. 1. The budget was passed providing estimated property tax revenues of $250,000. 2. The budget was passed providing appropriations of $180,000. 3. The budget was passed providing estimated other financial uses of $40,000. 4. The deferred revenue from the prior year is recognized as revenue in the current period. 5. Property taxes in the amount of $260,000 were levied by the County. 6. It is estimated that 0.5% of the property taxes will be uncollectible. 7. Property tax collections totaled $247,000. 8. Accounts totaling $950 were written off as uncollectible. 9. Purchase orders were issued for supplies in the amount of $42.000. 10. Supplies in the amount of $39,800 were received and recorded as assets. 11. The related purchase orders for the supplies were $40,000. 12. The County paid $35,650 of the voucher payable in the current year. 13. The County contracted to have alarm systems (capital assets) installed in the administration building in the amount of $60,000. 14. The alarm systems were installed. 15. The cost of the alarm system was $61,000. 16. The bill for the alarm system was paid for one month later during the current year. 17. Paid the wages for general government operations in the current year totaling $131,000. 18. Paid other general government operating items of $27,600. 19. The General Fund transferred $38,500 to the Debt Service Fund in anticipation of bond interest and principle payments. 20. A review of property taxes receivable indicates that $17,500 of the outstanding balances would likely be collected more than 60 days after the fiscal year-end