Journal entries, balance sheet. The January 2, 2018, trial balance of Oneida Township follows: The following events occurred during the first six months of 2018: a. The adopted budget showed the...

Journal entries, balance sheet. The January 2, 2018, trial balance of Oneida Township follows:

The following events occurred during the first six months of 2018:

a. The adopted budget showed the following:

b. Six-month tax anticipation notes were issued in the amount of $120,000.

c. Property taxes of $430,000 were levied, with 2% of the gross levy considered uncollectible.

d. Tax liens proved uncollectible. The property was foreclosed and sold for $4,000.