LO 5, 6 P3-34. (Budgetary transactions and events) Prepare journal entries to record the following transactions and events that occurred in Marilyn County during calendar year 2019: 1. The legislature adopted the following budget: $1,740,000 1,000,000 10,000 $2,750,000 Estimated revenues and other sources: Property taxes... Sales taxes.... Use of fund balance Total .... Appropriations: General government-salaries. General government-supplies Parks department-salarios... Parks department-plants and supplies. Total $ 420,000 30,000 2,000,000 300,000 $2,750,000 2. The Parks department placed PO 2019-1 for shrubbery in the amount of $52,000 and PO 2019-2 for gardening supplies in the amount of $11,000. The orders were charged to the appropriation for Parks department plants and supplies. 3. The supplier delivered the shrubbery ordered on PO 2019-1; however, the supplier said he could not deliver some of the shrubs because he no longer carried them. The invoice for $49,000 was approved and forwarded to the comptroller's office for payment; the rest of the order ($3,000) was cancelled. 4. The supplier delivered the gardening supplies ordered on PO 2019-2. She sent an invoice for $11,200 because some of the items were of a higher quality than ordered. The Parks department accepted the entire delivery and forwarded the invoice for payment. 5. Based on a mid-year review of economy, the finance director concluded that sales tax revenues would be less than the original estimate. As a result, the legislature amended the budget, reducing the sales tax estimate by $50,000 and the Parks department-plants and supplies appropriation by $35,000 P3-35. (Preparation of appropriations ledger) Prepare an appropriations ledger similar to Table 3-6 to record the transactions and events applicable to the appropriation for Parks department plants and supplies in problem P3-34. The ledger should have columns for appropriation (Cr.), encumbrances (Dr. and Cr.), expenditures (Dr.), and available appropriation (Cr.). LO7 LO 5, 6 P3-38. (Budgetary transactions and events) Prepare journal entries to record the following transactions and events that occurred in Jeter City during calendar year 2019. 1. The city council adopted the following budget: Estimated revenues and other sources: Property taxes. Sales taxes. Use of fund balance Total... $2,500,000 1,400,000 50,000 $3,950,000 continued Chapter 3 Budgetary Considerations in Governmental Accounting Appropriations: Streets and parkways: Personal services Equipment..... Operating supplies All other appropriations. Total.... $ 780,000 95,000 125,000 2,950,000 $3,950,000 2. The Department of Streets and Parkways (S&P) took bids to purchase several items of equipment. The lowest bid came in at $105,000, which was greater than the amount appropriated for equip- ment. Jeter City's budget director, who had the authority to interchange budgetary appropriations amounts within a department, authorized a $10,000 reduction in the department's personal services appropriation and a corresponding increase in the equipment appropriation." 3. S&P entered into contract S&P 2019a for $105,000, charging the equipment appropriation. 4. S&P issued PO 19-1 for asphalt in the amount of $15,000, charging the operating supplies appropriation. 5. S&P received the equipment, and after inspecting all the items, approved the $105,000 invoice for payment. 6. S&P received the asphalt and approved the invoice of $15,000 for payment