The following transactions and events affecting Canning County Gencral Fund took place during the fiscal year ended June 30, 2006: (1) The following annual budget was adopted: $4,500,000 300,000 200,000 15,000,000 Estimated revenues: Property taxes Licenses and perrits Fines To al estimated revenities Approprations: General government Police services Fire desartment services Public works Services Acquisition of fire engines fatal appropriations . $1,500,000 1,200,000 900.000 800,000 400.000 $4,800,000 - There were do other financing scurces or other financing uses budgeted. (2) Property tax-bills totaing $4,650,000 were issued; it was estimated thar $150,000 of this amount would be uncollectible. Fines of $200,000 were assessed (3) Property taxes totaling $3,900,000 were collected. The $150,000 previously estimated to be uncollectible termined unachanged but $630,000 of uncollected property taxes was teclassified as delinguerit. It was known that delinquent taxes would be collected * Soon enough after June 30, 2006, to make these taxes available to finance obligations incurred dusing the year ended June 30, 2006. There was no balance of uncollected taxes on July 1, 2005) (47Other cash collnions were as follows: Licenses and perrears $270,000 200,000 Fines Disposal of public works equipment (carrying amount in the General Capital Assets Account Group was $5,000) Total other cash collections 15.000 $185.000 (5) No chcumbrinces were outstanding on June 30, 2005. The following purchase orders were executed : General government Police services Fire department services Public works services Fire engines Totals Total Amount $1.050,000 300,000 150,000 250.000 400.000 12,150,000 SE Outstanding June 30, 2006 $ 60,000 30.000 15,000 10,000 $115.000 16) The following vouchers were approved for payment: General government Police services Fire department services Public works services Fire engines Total vouchers approved $3,440 000 1,155.000 870.000 700,000 400.000 14,565,000 (7) Vouchers totaling $4,600,000 were said. Instructions Prepare joumal entries to record the foregoing transactions and events of Canning County General Fund for the year ended June 30, 2006. Do not prepare closing entries