Pics of Handwritten work only!

Due $2/18/2411$:$59$PM

Garcia City passed a General Fund budget on $7/1/23$ that includes Estimated Revenues equal to $$8,400,000$ and Appropriations equal to $$8,000,000.$ During the first month of the fiscal period $(7/1/23-6/30/24),$ the following events occurred:

$7/8/23$ Placed a purchase order for an office suite of furniture equal to $$90,000.$

$7/12/23$ Placed a purchase order for $20$ new police cars equal to $$1,200,000($not considered a capital project by Garcia$).$

$7/18/22$ A budget amendment was passed that reduced the Appropriations budget by $$1,000,000.$

$7/26/22$ Received the entire office suite of furniture with an invoice that totaled $$92,000.$

$7/26/22$ Received $16$ of the $20$ new police cars with an invoice that totaled $$960,000.$ The remaining four police cars are expected to arrive some time during the next month.

INSTRUCTIONS:

Prepare the journal entries necessary for the passage of the budget $($a$)$ on $7/1/23$ as well as any necessary entries for the events $($b$$ through $$f$)$ that occurred during July.

Compute the available appropriations for the General Fund as of $7/30/23.$ You do not need to prepare an appropriations ledger. For full credit, you must show detailed labels and computations as shown in class.