Prepare the general journal entry, to properly record the following transaction or event in the appropriate general ledger accounts of the appropriate funds as required by the problem. Subsidiary-ledger entries are NOT required. Identify the fund for which the entry is being prepared. Prepare your entries in the format specified. Use standard fund-type terminology. Appropriate abbreviations are acceptable (e.g., GF, DSF #25, etc.) Use a series of each type of nominal account (e.g., Revenues-Taxes, Revenues-Other, Expenditures-Operating- General Government, Expenditures-Debt Service-Interest, OFS-Transfers In-ISF, OFU-Transfers Out-SRF, etc.), except for budgetary entries where no additional detail is required. . Do not include formal entry explanations or dates, but include any important assumptions made. Record the General Fund entries for the City of Dandridge in the lined space below. 2. Property taxes of $500,000 were levied. Experience indicates that 3% of the levy will prove uncollectible. 1 A B II EE I Trans No. Fund or Nonfund Account Description Dr. Cr