Part A: Johnson City adopted the following General Fund budget for fiscal year 2017:

Estimated revenues:
Taxes	$	15,000,000
Intergovernmental revenues		1,000,000
Licenses and permits		400,000
Fines and forfeits		150,000
Miscellaneous revenues		100,000
Total estimated revenues	$	16,650,000
Appropriations:
General government	$	8,000,000
Public safety		6,000,000
Public works		1,550,000
Health and welfare		950,000
Miscellaneous		100,000
Total appropriations	$	16,600,000

Required
	Prepare the general journal entries to record the adopted budget at the beginning of FY 2017