For each of the summarized transactions for the Village of Sycamore General Fund, prepare the general ledger journal entries.

a. The budget was formally adopted, providing for estimated revenues of $1,120,000 and appropriations of $987,000.

b. Revenues were received, all in cash, in the amount of $1,105,000.

c. Purchase orders were issued in the amount of $479,000.

d. Of the $479,000 in (c), purchase orders were filled in the amount of $470,500; the invoice amount was $470,000 (not yet paid).

e. Expenditures for payroll not encumbered amounted to $513,000 (not yet paid).