The following transactions occurred during the 2023 fiscal year for the City of Evergreen. For budgetary purposes, the city reports encumbrances in the Expenditures section of its budgetary comparison schedule for the General Fund but excludes expenditures chargeable to a prior year's appropriation. 1. The budget prepared for the fiscal year 2023 was as follows: Estimated Revenues: Taxes Licenses and permits $2,069,000 390,000 Intergovernmental revenue 415,000 Miscellaneous revenues 80,000 Total estimated revenues 2,954,000 Appropriations: General government 508,800 Public safety Public works 923,800 687,800 637,800 Health and welfare Miscellaneous 104,000 Total appropriations 2,862,200 Estimated Other Financing Uses: Estimated other financing uses-transfers out 23,800 Budgeted increase in fund balance $ 68,000 2. Encumbrances issued against the appropriations during the year were as follows: General government $ 76,000 Public safety 268,000 Public works 410,000 Health and welfare 177,820 Miscellaneous Total 89,000 $1,020,820 3. The current year's tax levy of $2,147,200 was recorded; uncollectibles were estimated to be $83,000. 4. Tax collections of the current year's levy totaled $1,477,000. The City also collected $150,000 in taxes from the prior year's levy in the first 60 days after year-end. (These delinquent collections had been anticipated prior to year-end.) 5. Personnel costs during the year were charged to the following appropriations in the amounts indicated. Encumbrances were not recorded for personnel costs. Because no liabilities currently exist for withholdings, you may ignore any FICA or federal or state income tax withholdings. (Expenditures charged to Miscellaneous should be treated as General Government expenses in the governmental activities general journal at the government-wide level.) General government Public safety Public works Health and welfare Miscellaneous Credit to Vouchers Payable $ 429,000 653,000 272,000 457,000 12,900 $1,823,900 6. Invoices for all items ordered during the prior year were received and approved for payment in the amount of $14,830. Encumbrances had been recorded in the prior year for these items in the amount of $14,180. The amount chargeable to each year's appropriations should be charged to the Public Safety appropriation. 7. Invoices were received and approved for payment for items ordered in documents recorded as encumbrances in Transaction (2) of this problem. The following appropriations were affected. Actual Liability Estimated Liability General government $ 70,700 $ 70,200 Public safety Public works Health and welfare Miscellaneous 254,200 258,900 378,000 375,000 148,600 148,100 89,000 $940,500 89,000 $941,200 8. Revenue other than taxes collected during the year consisted of licenses and permits, $392,800; intergovernmental revenue, $419,800; and $85,800 of miscellaneous revenues. For purposes of accounting for these revenues at the government-wide level, the intergovernmental revenues were operating grants and contributions for the Public Safety function. Miscellaneous revenues are not identifiable with any function and, therefore, are recorded as General Revenues at the government-wide level. 9. A transfer of $23,800 was made to the debt service fund for principal and interest payments. 10. Payments on Vouchers Payable totaled $2,523,000. Additional information follows: The General Fund Fund Balance- Unassigned account had a credit balance of $114,900 as of December 31, 2022; no entries have been made in the Fund Balance-Unassigned account during 2023. a-1. Prepare general journal for fiscal year 2023 for the General Fund and for the governmental activities. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Transaction Fund/Governmental Activties 1. Record the budget estimates and appropriations. 1 General Fund Governmental Activities Taxes Receivable-Current General Journal 2. Record the encumbrances issued against the appropriations during the year. 2 General Fund Governmental Activities 3. The current year's tax levy of $2,147,200 was recorded; uncollectibles were estimated to be $83,000. General Fund 3 Governmental Activities 4. Tax collections of the current year's levy totaled $1,627,000; collections from prior years' levies totaled $150,000. General Fund 4 Governmental Activities 5. Record the personnel costs during the year. 5 General Fund Governmental Activities Debit Credit 6. Invoices for all items ordered during the prior year were received and approved for payment in the amount of $14,830. Encumbrances had been recorded in the prior year for these items in the amount of $14,180. The amount chargeable to each year's appropriations should be charged to the Public Safety appropriation. 6a General Fund Record the reversal of encumbrances entry of 2022. 6b Record the receipt of invoices for all items ordered in prior year. 6c Governmental Activities Record the receipt of invoices for all items ordered in prior year. Taxes 1 Budget 3 Recorded Revenues 1 8 Licenses and Permits Budget Recorded Revenues Intergovernmental Revenues 1 Budget 8 Recorded Revenues Miscellaneous Revenues 1 Budget 8 Recorded Revenues CITY OF EVERGREEN General Fund Estimated Other Financing Uses Ledger Transaction Account Description Est Revenues Dr (Cr) Estimated Other Financing Uses 1 Budget 9 Recorded Revenues Revenues Cr (Dr) Balance Dr (Cr) 0 0 0 0 CITY OF EVERGREEN Appropriations/Encumbrances/Expenditures Ledger Expenditures Encumbrances Transaction Account/Description Debit Credit Balance Debit General Government 1 Budget Authorization 2 Encumbrances issued 5 Payroll 7 Invoices approved for payment Public Safety 1 Budget Authorization 2 Encumbrances issued 5 Payroll 6 Invoices for items ordered 7 Invoices approved for payment Public Works 1 Budget Authorization 2 Encumbrances issued 5 Payroll 7 Invoices approved for payment Health and Welfare 1 Budget Authorization 2 Encumbrances issued 5 Payroll 7 Invoices approved for payment Miscellaneous 1 Budget Authorization 2 Encumbrances issued 5 Payroll 7 Invoices approved for payment Appropriations Available Balance Credit Balance