The balance sheet of the general fund of Forager County at the beginning of the year $2020$ follows:

Cash $$35,000$

Property taxes receivable $$ delinquent $$10,000$

Less: Allowance for uncollectible taxes $$

delinquent $(2,000)8,000$

Supplies $2,500$

Total assets $$45,500$

Accounts payable $$10,000$

Due to Utility Enterprise Fund $1,000$

Fund balance:

Nonspendable $2,500$

Unassigned $32,00034,500$

Total liabilities and fund balance $$45,500$

Record the journal entries for the general fund transactions for this year:

$1.$ The commissioners passed a budget that includes estimated revenues of $$150,000,$

appropriations of $125,000,$ and estimated other financing uses $$ transfer out to debt service of

$$20,000.$

$2.$ Property tax bills totaling $$115,000$ were sent. The county treasurer estimates that $2\%$ of this

amount will not be collected. During the year, $$100,000$ of these were collected and $$8,000$ of

the delinquent taxes were collected.

$3.$ Fines and license fees totaling $$35,000$ were collected during the year.

$4.$ A purchase order in the amount of $$45,000$ was issued for two police cars. The cars were

received and the bill for $$44,000.$ The bill was paid upon receipt.

$5.$ Sales taxes of $$4,000$ were collected during the year from the state.

$6.$ Expenditures during the year for salaries, supplies, and various other items were $$70,000,$ and

charged to accounts payable. Accounts payable of $$75,000$ were paid.

$7.$ The general fund transferred $$20,000$ to the debt service fund, which was used to pay interest

on bonds.

$8.$ The general fund was billed $$15,000$ by the Utility Enterprise Fund, of which it paid $$13,000.$

$9.$ Computer software having a cost of $$2,000$ was ordered, but not received before the end of the

year.

$10.$ The supplies inventory was $$3,500$ as of December $31.$ Forager uses the purchase method of

accounting for supplies. $($see no$.6)$

$11.$ As of December $31,$ the county treasurer estimated that $$5,000$ of the uncollected property

taxes would not be received $60$ days before the end of the year.

$12.$ Uncollected property taxes as of December $31$ were reclassified as delinquent.

Adapted from Baker and Lemke, Advanced Financial Accounting.