The City of Bayamon maintains its books and records in a way that facilitates the preparation of the financial statements of the funds. Prepare all the journal entries necessary to record the city's revenue from the following transactions for the year ended December 31, 20X7.

On January 15, the city received notification that it had been awarded a $300,000 federal grant to assist in the operation of its Meals on Wheels program. The federal government expects to send the cash in about three months. This is not a rebate-type grant and all eligibility requirements have been met.

In February, the city spent $31,000 on Meals on Wheels.

$1,800 parking tickets were issued in March. Payment must be made within 30 days, when the city has an enforceable legal claim to the amounts.

In April, the city received the $300,000 grant from the federal government.

In April, the city received $1,200 in cash for parking tickets issued in March. Additionally, $100 in fines were contested and court dates were set. Also, the city expects another $100 worth of tickets to be uncollectible, but the remaining amounts will eventually be paid.

Restaurant licenses are issued for a one-year period, from July 1 to June 30. License fees are used to pay restaurant inspectors. In June, the city received $11,000 in restaurant license fees.