Preparation of appropriations ledger The following transactions and events that occurred in the village of Kowitt Gorge during the calendar year 2019: 1. The village commissioners adopted the following budget: Estimated revenues: Property taxes $1,850,000 All other revenues 300,000 Total revenues $2,150,000 Appropriations: All departments other than police $1,000,000 Police-salaries 600,000 Police-fringe benefits 450,000 Police-supplies 80,000 Total appropriations $2.130,000 2. The village received, in cash, property taxes of $1,840,000 and all other revenues of $295,000. 3. The village made cash payments, charging the following appropriations: All departments other than police $1,000,000 Police-salaries 595,000 Police-fringe benefits 390,000 4. The administrator of fringe benefits received an invoice for police employee health insurance in the amount of $95,000, together with a letter from the insurance provider, explaining that the large increase was caused by a change in federal laws. The invoice could not be paid because the Police-fringe benefits appropriation had a hala fu 4. The administrator of fringe benefits received an invoice for police employee health insurance in the amount of $95,000, together with a letter from the insurance provider, explaining that the large increase was caused by a change in federal laws. The invoice could not be paid because the Police-fringe benefits appropriation had a balance of only $60,000 (appropriation of $450,000 minus expenditures in item 3 of $390,000). As a result, the village commissioners amended the budget as follows: Increase: Appropriation for police-fringe benefits $35,000 Decrease: Appropriation for police-salaries 5,000 Decrease: Appropriation for police-supplies 25,000 Use of fund balance 5,000 5. The village paid the invoice for $95,000, referred to in item 4 above, charging the appropriation for police--fringe benefits. 6. The police department placed PO 2019a for firearms in the amount of $30,000 and PO 2019b for uniforms in the amount of $20,000, all charged to the appropriation for police-supplies. (Enter these POS as one transaction.) 7. After receiving PO 2019a, the supplier notified the police department that a change in the design of the weapons would increase the cost to $32,000. The department sent the supplier an amended PO, increasing it by $2,000. 8. The police department received the uniforms ordered on PO 2019b, together with an invoice for $20,000. The department approved the invoice for payment. Record the transactions and events applicable to the appropriations for police--fringe benefits and police-supplies in the following appropriations ledger. NOTES Use a negative sign with your answers if: 1. the amount entered in the Appropriation column is a debit (Dr.) rather than a credit (Crs or 2. the amount entered in the Expenditures column is a credit (Cr.) rather than a debit (Dr.). . In the Available Appropriation column, enter the appropriate balance after every transaction/event, even if a transaction isn't recorded in a particular ledger for that transaction Forrancacion enterotonchase orders (POslas ne rnmhinnd . In the Available Appropriation column, enter the appropriate balance after every transaction/eve recorded in a particular ledger for that transaction. For Transaction 6, enter both purchase orders (POs) as one combined transaction. Appropriations Ledger Appropriation: Police - fringe benefits Appropriation Encumbrances Expenditures Available Dr. Dr. Appropriation Transaction Cr. Appropriations Ledger Appropriation: Police - supplies Appropriation Encumbrances Expenditures Available Dr. Cr. Appropriation Transaction Cr. Dr