The Town of Willingdon adopted the following General Fund budget for the fiscal year beginning July 1: $15,000,000 1,000,000 400,000 150,000 100,000 $16,650,000 Estimated revenues: Taxes Intergovernmental revenues Licenses and permits Fines and forfeits Miscellaneous revenues Total estimated revenues Appropriations: General government Public safety Public works Health and welfare Miscellaneous Total appropriations $ 8,000,000 6,000,000 1,550,000 950,000 100,000 $16,600,000 Required a-1. Prepare the general journal entries to record the adopted budget at the beginning of the fiscal year. (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 Record the budget appropriations. Note: Enter debits before credits. General Journal Debit Credit Date July 01 a-2. Show entries in the subsidiary ledger accounts. TOWN OF WILLINGDON Revenues Ledger Date Account Title Est. Revenues Dr(Cr) Revenues Cr(Dr) Balance Dr(Cr) July 01 Taxes July 01 Intergovernmental Revenues July 01 Licenses and Permits July 01 Fines and Forfeits July 01 Miscellaneous Revenues TOWN OF WILLINGDON Appropriations Ledger Encumbrances Encumbrances Encumbrances Expenditures Increase Decrease Balance Dr Cr Dr(Cr) Dr(Cr) Account/Description Expenditures Balance Dr(Cr) Appropriation Cr(Dr) Balance Cr(Dr) General Government Public Safety Public Works Health and Welfare Miscellaneous