The following budget for the General Fund of the City of Smithville was legally adopted for the fiscal year ending December 31, 2014.

Estimated Revenues:

Taxes:

Real Property $1,646,000

Sales 1,885,000

Interest and Penalties on Taxes 7,000

Licenses and Permits 588,000

Fines and Forfeits 420,000

Intergovernmental Revenue 325,000

Charges for Services 230,000

Miscellaneous Revenues 80,000

Total Estimated Revenues $5,181,000

Appropriations:

General Government $ 618,600

Public Safety 2,453,300

Public Works 920,600

Health and Welfare 620,200

Culture and Recreation 482,400

Miscellaneous 50,000

Total Appropriations $5,145,100

Record the budget detail for Estimated Revenues and Appropriations. Complete the general journal entry by debiting or crediting Budgetary Fund Balance as appropriate to make the journal entry balance.