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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
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 Trial Balance June 30, 201 $730,000 46,000 5776,000 $ 8,000 208,000 Transactions July 1, 20x1 - June 30, 20X2 Debit Credit $1,650,000 $1,847,000 1,890,000 1,858,000 Cash Taxes Receivable Total Allowance for Uncollectible Taxes Vouchers Payable Fund Balance: Assigned for Encumbrances Unassigned Total Postelosing Trial Balance June 30, 20X2 $733,000 78,00 $811,000 $ 10.000 193,00 3,000 1,347,00 10,000 1,832,000 77,000 77,000 48,000 560,000 5776,000 77,000 $31.00 $811,000 Additional Information: The budget for the fiscal year ended June 30, 20X2. provided for estimated revenue of $2,900,000 and appropriations of $1920,000 Encumbronces of $1,060,000 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 H R Prey f of 6 Next >> View transaction list Journal entry worksheet Record the budget. Note: Enter debits before credits Event General Journal Debit Credit 1 Record entry Clear entry View general journal
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