Record the following transactions in the General Ledger accounts of the General Fund.

1. The government adopted the following budget on the modified accrual basis

Estimated Revenues

Licenses, permits, & registrations 920,000

Charges for Services575,000

Fines and forfeitures. 300,000

Property Taxes9,500,000

Total estimated Revenue

Appropriations

General Government2,000,000

Public Safety3,670,000

Highways and Streets4,200,000

Health and Sanitation800,000

Education 430,000

Culture and Recreation200,000

Total Appropriations

Excess (Deficiency) of Est. Revenues over Appropriations