Prepare journal entries to record the following transactions and events that occurred in Jeter City during calendar year 2019.

1. The city council adopted the following budget:

2. The Department of Streets and Parkways (S&P) took bids to purchase several items of equipment. The lowest bid came in at $105,000, which was greater than the amount appropriated for equipment. Jeter Citys budget director, who had the authority to interchange budgetary appropriations amounts within a department, authorized a $10,000 reduction in the departments personal services appropriation and a corresponding increase in the equipment appropriation.

5. S&P received the equipment, and after inspecting all the items, approved the $105,000 invoice for payment.

6. S&P received the asphalt and approved the invoice of $15,000 for payment.

ONLY NEED HELP WITH 2,5,6

$2,500,000 1,400,000 50,000 $3,950,000 Estimated revenues and other sources: Property taxes Sales taxes Use of fund balance Total Appropriations: Streets and parkways: Personal services Equipment Operating supplies All other appropriations Total $ 780,000 95,000 125,000 2,950,000 $3,950,000 To record 2019 budget. OX 105,000 0 105,000 15,000 15,000 105,000 105.000 To record budget interchange. Encumbrances - streets and parkways equip Budgetary fund balance reserved for enc To encumber for contract S&P 2019a. Encumbrances - streets and parkways oper: Budgetary fund balance reserved for enc To encumber for PO 19-1. Encumbrances - streets and parkways equip X Vouchers payable To reverse encumbrance for contract S&P 2019a. Expenditures - streets and parkways equipn Vouchers payable To record expenditure for contract S&P 2019a. Vouchers payable Cash To reverse encumbrance for PO 19-1. Vouchers payable Cash To record expenditure for PO 19-1. 105,000 0 105.000 15,000 15.000 15,000 0 15.000 105,000 x 0 105,000 x 105,000 0 105,000 To record 2019 budget. Appropriations - streets and parkways perso Cash To record budget interchange. Encumbrances - streets and parkways equip Budgetary fund balance reserved for enc To encumber for contract S&P 2019a. Encumbrances - streets and parkways opera Budgetary fund balance reserved for enc To encumber for PO 19-1. Expenditures - streets and parkways equipn Cash 15,000 15,000 0 105,000 0 105,000 105,000 0 105,000 To reverse encumbrance for contract S&P 2019a. Expenditures - streets and parkways equipn Vouchers payable To record expenditure for contract S&P 2019a. Cash Vouchers payable To reverse encumbrance for PO 19-1. Cash Vouchers payable To record expenditure for PO 19-1. 15,000 0 0 15,000 15,000 0 15,000