PLEASE PROVIDE ALL JOURNAL ENTRIES REQUIRED FOR GENERAL FUND AND GOVERNMENTAL ACTIVITIES

1. [Para. 4a-1] Property taxes were levied in the amount of $7,750,000. It is estimated that 1 percent of the tax will be uncollectible. Required: Record this transaction in both the General Fund and governmental activities journal. Record the tax levy as a revenue in both journals

2. [Para. 4a-2] Tax anticipation notes were issued in the amount of $500,000. Required: Record the issuance of this note in both the General Fund and governmental activities general journals.

3. [Para. 4a-3] Purchase orders, contracts, and other commitment documents were issued in the following amounts for the following functions: General Government $ 395,000 Public Safety 1,055,000 Public Works 980,750 Health and Welfare 665,725 Culture and Recreation 625,125 Miscellaneous 98,000 Total $3,819,600 Required: Record the encumbrances in the General Fund general journal and Detail Journal as appropriate.

4. [Para. 4a-4] Grant funds of $25,000 recorded as Deferred Inflows of Resources at the end of FY 2022 were recognized as revenue when timing requirements were met. Required: Record the revenue in both the General Fund and governmental activities general journals by debiting Deferred Inflows of Resources and crediting Revenue.

5. [Para. 4a-5] The General Fund paid $245,654 on the vouchers payable that were outstanding at the end of FY 2022. Required: Record the payment of this amount in both the General Fund and governmental activities general journals.

6. [Para. 4a-6] The General Fund collected the following receivable amounts in cash: Current year Property Taxes $7,302,000 Delinquent Taxes 378,000 Interest and Penalties Receivable on Taxes 22,860 Sales Taxes 768,000 Total $8,470,860 Required: Record the receipt of cash and the related credits to receivables and revenues accounts, as applicable, in both the General Fund and governmental activities journals.

7. [Para. 4a-7] The General Fund collected the following amounts in cash: Licenses and Permits 479,000 Fines and Forfeits 519,000 Intergovernmental Revenues 520,500 Charges for Services 385,750 Miscellaneous Revenues 220,500 Total $2,124,750 Required: Record the receipt of cash and additions to revenues accounts, as applicable, in both the General Fund and governmental activities journals. Select Received in Cash in the drop down [Description] menu in the Detail Journal related to the General Fund revenue entries. For governmental activities at the government-wide level, all Licenses and Permits and Charges for Services were attributable to the General Government function as Program Revenue-Charges for Services. Fines and forfeits were collected by General Government departments in the amount of $200,000 and by Public Safety departments in the amount of $319,000. Intergovernmental Revenues should be credited to Program RevenuesGeneral GovernmentOperating Grants and Contributions.