The Town of Willingdon adopted the following General Fund budget for the fiscal year beginning July 1: $14,200,000 1,200,000 444,000 190,000 140,000 $16, 174,000 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 $ 7,800,000 5,920,000 1,470,000 870,000 60,000 $16, 120,000 Required a-1. Prepare the general journal entries to record the adopted budget at the beginning of the fiscal year. a-2. Show entries in the subsidiary ledger accounts. Year Revenues Cr(Dr) Balance Dr(Cr) July 01 July 01 July 01 July 01 July 01 TOWN OF WILLINGDON Revenues Ledger Est. Revenues Account Title Dr(Cr) Taxes Intergovernmental Revenues Licenses and Permits Fines and Forfeits Miscellaneous Revenues TOWN OF WILLINGDON Appropriations Ledger Account/Description Encumbrances Encumbrances Encumbrances Increase Decrease Balance Dr Dr(Cr) Expenditures Dr(Cr) Expenditures Balance Dr(Cr) Appropriation Cr(Dr) Balance Cr(Dr) Cr General Government Public Safety Public Works Health and Welfare Miscellaneous The Town of Willingdon adopted the following General Fund budget for the fiscal year beginning July 1: $14,200,000 1,200,000 444,000 190,000 140,000 $16, 174,000 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 $ 7,800,000 5,920,000 1,470,000 870,000 60,000 $16, 120,000 Required a-1. Prepare the general journal entries to record the adopted budget at the beginning of the fiscal year. a-2. Show entries in the subsidiary ledger accounts. Year Revenues Cr(Dr) Balance Dr(Cr) July 01 July 01 July 01 July 01 July 01 TOWN OF WILLINGDON Revenues Ledger Est. Revenues Account Title Dr(Cr) Taxes Intergovernmental Revenues Licenses and Permits Fines and Forfeits Miscellaneous Revenues TOWN OF WILLINGDON Appropriations Ledger Account/Description Encumbrances Encumbrances Encumbrances Increase Decrease Balance Dr Dr(Cr) Expenditures Dr(Cr) Expenditures Balance Dr(Cr) Appropriation Cr(Dr) Balance Cr(Dr) Cr General Government Public Safety Public Works Health and Welfare Miscellaneous