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Mayor of Munchkin City adopted a General Fund budget for the year ending May 31, 2019. The budget showed revenues of $4,210,000, bond proceeds of

Mayor of Munchkin City adopted a General Fund budget for the year ending May 31, 2019. The budget showed revenues of $4,210,000, bond proceeds of $1,024,000, appropriations of $3,975,000, and operating transfers of $935,000. Prepare journal entry showing budget integration into fund accounting records.

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