Prepare the journal entries for government-wide financial statements. (Select the appropriate fund for each situation when required. If no entry is required for a transaction/event, put "No journal entry required")

1) Property tax levies are assessed. Total billing for this tax is $780,000. On this date, the assessment is a legally enforceable claim according to the laws of the state. All money to be received is designated for the current period, and 90 percent is assumed to be collectible in this period. Receipt of an additional 6 percent is not expected until the subsequent period but in time to be available to pay current period claims. The remaining amount is viewed as uncollectible.

2) The county collects cash of $127,000 from a toll road. The money is restricted for highway maintenance.

3) The county receives stock investments valued at $370,000 as a donation from a grateful citizen. The investments are to be held permanently, but any income from these investments must be used to beautify local parks.