Write General Fund and Government-wide journal entries for the following:

1. Property tax bills of $700,000 were sent to property owner. It is expected that 90% of the taxes will be collected and they will be available for immediate uses.

2.The equipment ordered in item 3 above was received with an invoice to be paid $42,000.The equipment has an expected life of 6 years and no salvage value. When the city records depreciation, it uses the straight-line method and recognized a full year of depreciation in the year of purchase.

3. At year-end, $7000 of supplies purchased in item 2 remained in the police department.

4. The city started a landfill on land already owned and used 30% of the capacity. If closed now, closure costs would be $500,000. The city pays $50,000 of the closure costs each year.

5. A citizen passed away and left investments worth $650,000 to the city with instructions to keep the investments forever and use a interest earned later for the park improvements.

6. Cash of $65,000 is received from the General fund to be used to pay bond principle and interest.