Address the Following Situations Separately

Essay

Address the following situations separately.
1. For the budgetary year beginning July 1, 2014, Coastal City expected the following cash flow resources:
In the budgetary entry, what amount did Coastal City record for estimated revenues?
2. During the fiscal year ended June 30, 2014, Western County issued purchase orders totaling $7,000,000. Western County received $6,500,000 of invoiced goods at the encumbered amounts and paid $6,100,000 toward them before year-end.
How much were Western County's encumbrances on July 1, 2014?
3. The following information pertains to property taxes levied ($1,035,000 total) by Southern Township for the calendar year 2014:
What amount did Southern Township report for property tax revenues in 2014?
4. The following information pertains to Northern City's general fund for 2014:
At what amount will Northern City's total fund balance increase (decrease) in 2014?