Problem 1 Journal Entries and Transaction Analysis 15elected transactions of the City of Miser Station General Fund for the 20X1 fiscal year are presented on the following page. All amounts are in thousands of dollars. (Enter your answers on the Excel Worksheet provided for you) General instructions: 3. Dates and formal explanations may be omitted, but number your entries appropriately. b. All interest rates are annual percentage rates (APRs). c. Record your entries on the lined paper provided with your answer pages. Sufficient space has been provided to allow you to skip lines between entries. d. iNhen recording Revenues, classify them as RevenuesProperg/ Taxes or Revenues Other. When recording expenditures, classify them as ExpendituresOperating, ExpendiwresDebt Service, or ExpendituresCapital Outlay. e. Show all work for any amount required in an entry that is not given in the exam (except when recording the amount necessary to balance the jormial entry). Requirements: 1. Prepare the General Fund general ledger jounial entries for the transactions. If no entry is required, do not leave it blank. State "No Entry Required" and briefly explain why. Transactions: .. rn-I \"L n .1 u .1 r- 11 . 1 I . a .1 m