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 budgetEstimated revenues:Property taxes$1,480,000All other revenues240,000Total revenues$1,720,000Appropriations:All departments other than police$800,000Policesalaries480,000Policefringe benefits360,000Policesupplies64,000Total appropriations$1,704,000

2. The village received, in cash, property taxes of $1,472,000 and all other revenues of $236,000.

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

AccountsAll departments other than police$800,000Policesalaries476,000Policefringe benefits312,000

4. The administrator of fringe benefits received an invoice for police employee health insurance in the amount of $76,000, 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 $48,000 (appropriation of $360,000 minus expenditures in item 3 of $312,000. As a result, the village commissioners amended the budget as follows:

AdjustmentsIncrease: Appropriation for policefringe benefits$28,000Decrease: Appropriation for policesalaries4,000Decrease: Appropriation for police - supplies20,000Use of fund balance4,000

5. The village paid the invoice for $76,000, 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 $24,000 and PO 2022b for uniforms in the amount of $16,000, 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 $25,600. The department sent the supplier an amended PO, increasing it by $1,600. 8. The police department received the uniforms ordered on PO 2022b, together with an invoice for $16,000. The department approved the invoice for payment.

Journal VoucherDebitCredit1

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Appropriations - all departments other than policeAppropriations - police - fringe benefitsAppropriations - police - salariesAppropriations - police - suppliesBudgetary fund balanceBudgetary fund balance reserved for encumbrancesCashEncumbrances - police - suppliesEstimated revenues - all other revenuesEstimated revenues - property taxesExpenditures - all departments other than policeExpenditures - police - fringe benefitsExpenditures - police - salariesExpenditures - police - suppliesRevenues - all other revenuesRevenues - property taxesVouchers payable

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To record 2022 budget2

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To record receipt of revenue3

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To record cash payments4

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To record budget amendment5

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To record cash payment6

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To record encumbrance for PO 2022a and 2022b7

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To encumber an amendment to PO 2022a8

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To reverse encumbrance for PO 2022b

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To record expenditures for PO 2022b