Prepare journal entries in general journal format to record the
following transactions for the City of Dallas General Fund
(subsidiary detail may be omitted)
1. The budget prepared for the fiscal year included total
estimated revenues of $4,693,000, appropriations of $4,686,000 and
estimated other financing uses of $225,000.
2. Purchase orders in the amount of $451,000 were mailed to
vendors.
3. The current year’s tax levy of $4,005,000 was recorded;
uncollectible taxes were estimated to be 2% of the tax...