Question 2 Not yet answered Marked out of 5 P Flag question The following transactions occurred in NORTON City during January 2020. 1. January 1 Stars city adopted the following budget Estimated Revenue (1) Property Taxes $900,000 (2) Other Revenue $100,000. Appropriations: (1) Salaries $500,000 (2) Supplies $100,000 () Police Cars $300,000. 2. January 8, ordered 8-police cars at an estimated cost of $10,000 each. 3. January 17 received 3-police cars at actual cost $12,000 each. 4. January 31 received the remaining police cars at an actual cost of $9,000 each Instructions: 1. Journalize the above transactions. (You can use the following table to fill in your answers) 2. Compute the appropriation police cars available balance. (You can use the following table). A B / !!! 11 OR SX