On June 30, 20X2, the end of the fiscal year, the Wadsworth Park District prepared the following trial balance for the general fund:

	Debit			Credit
Cash	$	48,850
Taxes ReceivableCurrent		33,300
Allowance for UncollectiblesCurrent				$	2,000
Temporary Investments		12,400
Inventory of Supplies		11,950
Buildings		1,320,000
Estimated Revenues Control		1,011,000
Appropriations Control					1,015,000
RevenueState Grants					315,000
Bonds Payable					1,005,000
Vouchers Payable					11,700
Expenditures		853,200
Debt Service from Current Funds		137,500
Capital Outlays (Equipment)		22,300
RevenueTaxes					1,010,800
Fund BalanceUnassigned					83,600
Budgetary Fund BalanceUnassigned					7,400
Total	$	3,450,500		$	3,450,500

An examination of the records disclosed the following information:

1. The recorded estimate of losses for the current year taxes receivable was considered to be adequate.
2. The local governmental unit gave the park district 20 acres of land to be used for a new community park. The unrecorded estimated value of the land was $51,600. In addition, the unit received a state grant of $315,000, and used the full amount in payment of contracts pertaining to the construction of the park buildings. Purchases of playground equipment costing $22,300 were paid from general funds.
3. Five years ago, a 4 percent, 10-year sinking fund bond issue in the amount of $1,005,000 for constructing park buildings was sold; it is still outstanding. Interest on the issue is payable at maturity. Budgetary requirements of a contribution of $137,500 to the debt service fund were met. Of this amount, $100,500 represents the fifth equal contribution for principal repayment.
4. Outstanding purchase orders not recorded in the accounts at year-end totaled $4,200.
5. A physical inventory of supplies at year-end revealed $7,700 of the supplies on hand.
6. Except where indicated to the contrary, all recordings were made in the general fund.

Required: Prepare the adjusting entries to correct the general fund records. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Journal entry worksheet B D E F G H > Record the entry for the adequate estimates of losses. Note: Enter debits before credits. General Journal Debit Credit Transaction 01 Record entry Clear entry View general journal Journal entry worksheet Record the entry to correct the bonds used to construct the buildings. Note: Enter debits before credits. General Journal Debit Credit Transaction Record entry Clear entry View general journal Journal entry worksheet Record the entry to correct the reserve for the ending inventory. Note: Enter debits before credits. General Journal Debit Credit Transaction 5b Record entry Clear entry View general journal