Problem 1a: All transactions are for the General fu nd. Provide all necessary joumal entries. Write "no entry if no entry is needed. Problem 1b: Using the same transactions, provide all necessary joumal entries for the Governmental Activities section in the Government-wide records. Write "no entry if no entry is needed. 1. The City Council adopted a General fund budget for the year which included estimated revenues of $1,000,000, estimated other financing sources of $260,000, and appropriations of $1,170,000. The budget was posted to the records. 2. Supplies for Public Works were purchased for $61,000 on account. You may use 3. The City issued a purchase order for one new police cruiser expected to cost 4. A local artist donated to the city a painting of the city's first mayor appraised at either the purchases or the consumption method. $84,000 $105,000 for the City Hall lobby. The City will not capitalize or depreciate the painting. 5. Property tax bills of $600,000 were sent to property owners. It is expected that taxes will be available for immediate use but only 90% will be collected. 6. The vehicle ordered in item (3) above was received with an invoice to be paid of $86,000. It has an expected life of 4 years and no salvage value. When the city records depreciation, it uses the straight-line method and recognizes a full year of depreciation in the year of purchase 7. At year-end, $5,000 of the supplies purchased in item (2) remained in the Public Works department office