please make sure answer question E3-5 depend on the informations on q 3-4

• E3-4 (Budgetary Accounts) Indicate which of the following transactions require entries to accounts that are used only for budgetary control purposes, even if other accounts also are involved.

  1. Adopted the budgetestimated revenues of $5,000,000 and appropriations of $4,900,000.

  2. Levied property taxes of $3,500,000. Historically, 1% has been uncollectible.

  3. Paid salaries of $2,700,000.

  4. Hired a new director of public works at an agreed salary of $60,000.

  5. Ordered materials and supplies expected to cost $103,000.

  6. Amended the appropriation for public works to increase it by $10,000.

  7. Received a portion of the materials and supplies order at an actual cost of $51,500 and the estimated cost was $52,000.

• E3-5 (Budgetary and Other EntriesGeneral Ledger) Prepare the general journal entries required for the transactions in E3-4. Assuming a beginning total fund balance of $1,000,000, what would the total fund balance be after taking into consideration the effects of these transactions?