For each of the summarized transactions for the Village of Sycamore General Fund, prepare the general ledger Journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field.) a. The budget was formally adopted, providing for estimated revenues of $1,071,000 and appropriations of $997,000 b. Revenues were received, all in cash, In the amount of $1,012,000. c. Purchase orders were issued in the amount of $480,000. d. Of the $480,000 in (), purchase orders were filled in the amount of $471,500, the Involce amount was $470,000 (not yet pald). e. Expenditures for payroll not encumbered amounted to $511,000 (not yet pald). f. Amounts from (d) and (e) are paid In cash.
