transactions have been included here. Only the general fund formally records a budget. No encumbrances were carried over from 2016. $ 21.080 40.080 232,888 3,990 1,844, 111. Bee 309, eee 154,900 Paid salary for police officers Received government grant to pay ambulance drivers Estimated revenues Received invoices for rent on equipment used by fire department during last four months of the year Paid for newly constructed city hall Made commitment to acquire ambulance Received cash from bonds sold for construction purposes Placed order for new sanitation truck Paid salary to ambulance drivers-money derived from state government grant given for that purpose Paid for supplies for school system Made transfer from General Fund to eventually pay off a long- term debt Received but did not pay for new ambulance Levied property tax receivables for 2017. City anticipates that 95% ($190, eae) will be collected during the year and 5% will be uncollectible Acquired and paid for new school bus Received cash from business licenses and parking meters (not previously accrued) Approved appropriations 24,888 16,089 33,280 120, eee 200,000 48,888 14,990 225,000 The following questions are independent although each is based on the preceding information. Assume that the government is preparing information for its fund financial statements. a. What is the balance in the Budgetary Fund Balance account for the budget for the year? Is it a debit or credit? ecember 31, 2017. Provide all necessary journal entries on that date e. Prepare all journal entries that should have been made when the $33,000 transfer was made for the eventual payment of a long- term debt. 1. What amount of revenue would be recognized for the period? g. What are the total expenditures? h. What journal entry or entries were prepared when the bonds were issued? Answer is not complete. Complete this question by entering your answers in the tabs below. Red A Reg D Reg E Reg F and G RegH Assume that new ambulance was received on December 31, 2017. Provide all necessary journal entries on that date. (Select the appropriate fund for each situation when required. If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Debit Credit Transaction Fund Genral Journal 1. Received in the encumbrances outstanding and receipt of equipment General fund Record encumbrances outstanding. Fund balance - reserved for encumbrances Encumbrances 111,000 111,000