The events and transactions listed below took place in the General Fund of Lawton City during fiscal 2013. Prepare the necessary general journal entries. 1. The General Fund annual operating budget was adopted as follows:Estimated Revenues Property taxes……….. $ 2,550,000 Charges for services ……… 400,000 Miscellaneous……….. 175,000 ……………… $ 3,125,000 Appropriations Administration……….. $ 465,000 Public safety ……….. 1,860,000 Roads and bridges……… 930,000 ………………. $ 3,255,0002. Purchase orders were issued for supplies with the following estimated costs: Administration $ 465,000 Public safety 1,860,000 Roads and bridges 930,000 ………………. $ 3,255,0003. Revenues were received in cash as follows: Property taxes ……….. $ 2,005,000 Charges for services……… 248,000 Miscellaneous ……….. 65,000 …………….. $ 2,318,0004. Some of the supplies ordered in transaction 2 were received and accepted, and vouchers were approved for payment, as follows. (Amounts shown in the “Estimated” column are the purchase order amounts; amounts shown in the “Actual” column are the approved invoice amounts.)5. Additional revenues were received in cash as follows: Property taxes……….. $ 535,000 Charges for services……….. 155,000 Miscellaneous……….. 111,000 ……………… $ 801,0006. Additional purchase orders from transaction 2 were fulfilled with the following estimated and actualcosts:
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The events and transactions listed below took place in the