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. Transactions July 1, 20X1-June 30, 20X2 Debit Credit $1,830,000 $1,849,000 1,900,000 1,837,800 Cash Taxes Receivable Postclosing Trial Balance, June 30, 20X1 $710,000 44,000 $754,000 $ 7,800 166,200 Postclosing Trial Balance, June 30, 20X2 $691,000 106,200 $797,200 $ 9,800 155,200 7,800 1,849,000 9,800 1,838,000 Total Allowance for Uncollectible Taxes Vouchers Payable Fund Balance: Assigned for Encumbrances Unassigned Total 70,000 52,200 70,000 580,000 $754,000 70,000 562,200 $797,200 Additional Information: The budget for the fiscal year ended June 30, 20X2, provided for estimated revenue of $2,600,000 and appropriations of $1,970,000. Encumbrances of $1,080,000 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.) View transaction list Journal entry worksheet B C D E F G H ... L > Record the budget. Note: Enter debits before credits. Event General Journal Debit Credit 1 Record entry Clear entry View general journal