Prepare the general journal entries required to record the following transactions and information in the General Fund of a county. The county adopted…

Prepare the general journal entries required to record the following transactions and information in the GeneralFund of a county.1. The county adopted the General Fund budget for the year. Estimated revenues were $250,000,appropriations enacted totaled $240,000.2. The county levied property taxes of $250,000 for the fiscal year. The county typically collects 99% of itslevy. This amount is expected to be collected during the fiscal year or shortly thereafter.3. The county placed orders for supplies for General Fund departments. The estimated cost of these itemswas $130,000.4. The county collects $245,000 of property taxes.5. Some of the supplies ordered were received. Invoices totaling $115,000 were received for supplies orderedat an estimated cost of $113,000. The invoices were approved for payment, but not paid.6. Vouchers totaling $115,000 were paid.7. Salaries totaling $125,000 were paid.8. Accounts are closed at year end.

Question: Prepare the general journal entries required to record the following transactions and information in the GeneralFund of a county.1. The county adopted the General Fund budget for the…

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