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Please fill out all the blanks and help me. Please do complete and I will for sure rate the answer. Please please help. Thanks

The following selected events occurred in the general fund of the Village of Sleepy Hollow during the fiscal year ended June 30, 20X6: 1. Had the following resource inflows and outflows in the operating budget: Estimated revenues: Property taxes Sales taxes Licenses and permits Estimated transfer in from special revenue fund Total $800,000 100,000 25,000 75,000 $1,000,000 Appropriations: General government Public safety Sanitation Estimated transfer out to internal service fund Total $ 610,000 200,000 150,000 25,000 $ 985.000 2. 3. 4. 5. 6. Had appropriations including encumbrances of $18,000 related to the year ended June 30, 20X5. Sleepy Hollow uses the lapsing method of accounting for encumbrances. Levied property tax of $816,000 and had estimated uncollectibles of $16,000. Collected property taxes of $805,000. The estimated uncollectibles balance was decreased to $6,000, and remaining receivables and allowance were reclassified to delinquent at year-end. Received $102,000 of sales tax revenue from the state and $24,000 from licenses and permits. Received transfer in of $70,000 from a special revenue fund. Made a $25,000 transfer out to establish an internal service fund. For both of these transactions, record the interfund receivable/payable before recording the cash transfer. Ordered computer equipment costing $50,000. Received computer equipment and paid the actual cost of $50,500 two weeks after receipt of the equipment Made a loan to an enterprise fund for $20,000 on January 1, 20X6. The loan was repaid with interest at 6 percent on June 30, 20X6. Used the services of the central motor pool and was billed $500. The bill was paid within one week of its receipt by the general fund. 7. 8. 9. Required Prepare journal entries for the general fund to record these transactions involving the Village of Sleepy Hollow for the year ended June 30, 20X6. (1) Entry to record operating budget for general fund (2) Entries to record lapsed encumbrances from the preceding year which were included in current appropriations (3) Entry to record property tax levy (4) Entry to record receipt of cash from property tax collections Entry to record adjustment to the allowance account Entry to record reclassification of property taxes receivable (5) Entry to record receipt of sales taxes and other revenue (6) Entry to record interfund receivable for transfer in Entry to record cash transferred Entry to record interfund payable for transfer out Entry to record cash transferred (7) Entry to record equipment ordered Entries to record equipment received and vouchers paid (8) Entry to record loan on January 1, 20X6 Entry to record receipt of loan and interfund interest on June 30, 20X6 (9) Entry to record billing Entry to record payment

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