The following information was abstracted from the accounts of the general fund of the City of Noble after the books had been closed for the fiscal year ended June 30, 20X2.

	Postclosing					Transactions July 1,						Postclosing
	Trial Balance,					20X1June 30, 20X2						Trial Balance,
	June 30, 20X1					Debit			Credit			June 30, 20X2
Cash		$	710,000			$	1,810,000		$	1,847,000			$	673,000
Taxes Receivable			44,000				1,900,000			1,817,400				126,600
Total		$	754,000										$	799,600
Allowance for Uncollectible Taxes		$	7,400				7,400			9,400			$	9,400
Vouchers Payable			146,600				1,847,000			1,834,000				133,600
Fund Balance:
Assigned for Encumbrances										79,000				79,000
Unassigned			600,000				79,000			56,600				577,600
Total		$	754,000										$	799,600

Additional Information: The budget for the fiscal year ended June 30, 20X2, provided for estimated revenue of $2,800,000 and appropriations of $1,970,000. Encumbrances of $1,050,000 were made during the year. Required: Prepare proper journal entries to record the budgeted and actual transactions for the fiscal year ended June 30, 20X2. Include closing entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)