The Town of Willingdon adopted the following General

Fund budget #6778

The Town of Willingdon adopted the following General Fund budget for fiscal year
2017:Estimated revenues:Taxes ......................................................
$15,000,000Intergovernmental revenues............................ 1,000,000Licenses and
permits.................................... 400,000Fines and forfeits........................................
150,000Miscellaneous revenues................................. 100,000Total estimated
revenues............................... $16,650,000Appropriations:General
government..................................... $8,000,000Public safety..............................................
6,000,000Public works.............................................. 1,550,000Health and
welfare...................................... 950,000Miscellaneous............................................ 100,000Total
appropriations..................................... $16,600,000RequiredPrepare the general journal entries
to record the adopted budget at the beginning of FY 2017. Show entries in the subsidiary ledger
accounts as well as the general ledger accounts.View Solution:
The Town of Willingdon adopted the following General Fund budget

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