The Town of Willingdon adopted the following General Fund budget for the fiscal year beginning July 1:

Estimated revenues:
Taxes	$	14,000,000
Intergovernmental revenues		1,250,000
Licenses and permits		460,000
Fines and forfeits		200,000
Miscellaneous revenues		150,000
Total estimated revenues	$	16,060,000
Appropriations:
General government	$	7,750,000
Public safety		5,900,000
Public works		1,450,000
Health and welfare		850,000
Miscellaneous		50,000
Total appropriations	$	16,000,000

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. Date General Journal Debit Credit July 01 a-2. Show entries in the subsidiary ledger accounts. Year July 01 July 01 July 01 July 01 July 01 TOWN OF WILLINGDON Revenues Ledger Account Title Est. Revenues Dr(Cr) Revenues Cr(Dr) Balance 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 Cr Dr(Cr) Expenditures Dr(Cr) Expenditures Balance Dr(Cr) Appropriation Cr(Dr) Balance Cr(Dr) General Government Public Safety Public Works Health and Welfare Miscellaneous 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. Date General Journal Debit Credit July 01 a-2. Show entries in the subsidiary ledger accounts. Year July 01 July 01 July 01 July 01 July 01 TOWN OF WILLINGDON Revenues Ledger Account Title Est. Revenues Dr(Cr) Revenues Cr(Dr) Balance 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 Cr Dr(Cr) Expenditures Dr(Cr) Expenditures Balance Dr(Cr) Appropriation Cr(Dr) Balance Cr(Dr) General Government Public Safety Public Works Health and Welfare Miscellaneous