Prepare journal entries to record the following transactions and events that occurred in the village of Kowitt Gorge during the calendar year 2022: 1. The village commissioners adopted the following budget:

Adopted budget
Estimated revenues:
Property taxes	$1,850,000
All other revenues	300,000
Total revenues	$2,150,000
Appropriations:
All departments other than police	$1,000,000
Policesalaries	600,000
Policefringe benefits	450,000
Policesupplies	80,000
Total appropriations	$2,130,000

2. The village received, in cash, property taxes of $1,840,000 and all other revenues of $295,000.

3. The village made cash payments, charging the following appropriations:

Accounts
All departments other than police	$1,000,000
Policesalaries	595,000
Policefringe benefits	390,000

4. The administrator of fringe benefits received an invoice for police employee health insurance in the amount of $95,000, together with a letter from the insurance provider, explaining that the large increase was caused by a change in federal laws. The invoice could not be paid because the Policefringe benefits appropriation had a balance of only $60,000 (appropriation of $450,000 minus expenditures in item 3 of $390,000. As a result, the village commissioners amended the budget as follows:

Adjustments
Increase: Appropriation for policefringe benefits	$35,000
Decrease: Appropriation for policesalaries	5,000
Decrease: Appropriation for police - supplies	25,000
Use of fund balance	5,000

5. The village paid the invoice for $95,000, referred to in item 4 above, charging the appropriation for policefringe benefits. 6. The police department placed PO 2022a for firearms in the amount of $30,000 and PO 2022b for uniforms in the amount of $20,000, all charged to the appropriation for policesupplies. 7. After receiving PO 2022a, the supplier notified the police department that a change in the design of the weapons would increase the cost to $32,000. The department sent the supplier an amended PO, increasing it by $2,000. 8. The police department received the uniforms ordered on PO 2022b, together with an invoice for $20,000. The department approved the invoice for payment.