No Event General Journal Credit Debit 1,072,000 Estimated Revenues Control Appropriations Control Budgetary Fund Balance 999,000 73,000 b. 1,014,000 Cash Revenues Control 1,014,000 481,000 Budgetary Fund BalanceReserve For Encumbrances Encumbrances Control 481,000 d1. 473,500 473,500 Budgetary Fund Balance-Reserve For Encumbrances Encumbrances Control Expenditures Control Accounts Payable 481,000 481,000 d2. No Journal Entry Required e. 512,000 Expenditures Control Accounts Payable 512,000 2,007,000 Accounts Payable Cash 2,007,000 X For each of the summarized transactions for the Village of Sycamore General Fund, prepare the general ledger journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a. The budget was formally adopted, providing for estimated revenues of $1,072,000 and appropriations of $999,000. b. Revenues were received, all in cash, in the amount of $1,014,000. c. Purchase orders were issued in the amount of $481,000. d. Of the $481,000 in (c), purchase orders were filled in the amount of $473,500; the invoice amount was $472,500 (not yet paid). e. Expenditures for payroll not encumbered amounted to $512,000 (not yet paid). f. Amounts from (d) and (e) are paid in cash