Response to the following problem:
Prepare entries in the general fund to record the following transactions and events:
1. Estimated revenues for the fiscal year were $250,000 and appropriations were $248,000.
2. The tax levy for the fiscal year, of which 99% is believed to be collectible, was $200,000.
3. Taxes collected were $150,000.
4. A short-term loan of $15,000 was made to the special revenue fund.
5. Orders for supplies were placed in the amount of $18,000.
6. The items ordered in transaction 5 were received. Actual cost was $18,150, and vouchers for that amount were prepared