17-17: Fund Balance with U.S. Treasury One amount is missing in the following trial balance of proprietary accounts, and another is missing from the trial balance of budgetary accounts of the Save Our Resources Commission of the federal government. This trial balance was prepared before budgetary accounts were adjusted, such as returning unused appropriations. The debits are not distinguished from the credits. Table 1. Preclosing Trial Balance Save Our Resources Commission Pre-closing Trial Balance September 30, 2017 Account Amount Proprietary accounts: No data. Accounts Payable 134,000 Accumulated DepreciationPlant and Equipment 5,350,000 Appropriations Used 5,350,000 Fund Balance with Treasury2017 ? Operating Materials and Supplies 63,000 Cumulative Results of Operations10/1/16 $1,009,000 Operating/Program Expenses 2,150,000 Depreciation and Amortization 750,000 Plant and Equipment 8,111,000 Unexpended Appropriations2017 410,000 Budgetary accounts: No data. Other Appropriations Realized2017 ? Expended Authority2017 4,500,000 Undelivered Orders2017 310,000 Allotments2017 100,000 Complete parts a, b, and c below. a. Compute each missing amount in the pre-closing trial balance. Use the Table 2 worksheet. Table 2. Preclosing Trial Balance Worksheet Account Debits Credits Proprietary Accounts Accounts payable $134,000 Accumulated depreciation 5,350,000 Appropriations used 4,500,000 Operating materials and supplies $63,000 Cumulative results of operations2016 1,009,000 Operating/program expenses 2,150,000 Depreciation and amortization 750,000 Plant and equipment 8,111,000 Unexpended appropriations2017 410,000 Total amounts given Fund balance with treasury2017 Totalsproprietary accounts $11,421,000 $0 Budgetary Accounts Expended authority2017 $4,500,000 Allotments2017 100,000 Undelivered orders2017 310,000 Total amounts given 4,910,000 Other appropriations realized2017 4,910,000 Totalsbudgetary accounts $4,910,000 $9,820,000 b. Compute the net additions (or reductions) to assets other than Fund Balance with Treasury during fiscal year 2017. Clearly label your computations and show all work in good form in the cells below. Use the Table 3 worksheet. Table 3. Net Additions (or Reductions) to Assets Account Debits Credits Appropriations used during FY 2018 Total expenses during FY 2017 (Note A) Net increase in cumulative results of operations c. In general journal form, prepare entries to close the budgetary accounts as needed and to close the operating statement proprietary accounts. Use the Table 4 worksheet. Table 4. Closing Entries Worksheet Account Debits Credits Budgetary Expended authority2017 4,500,000 Allotments2017 100,000 Other appropriations realized2017 4,600,000 Proprietary Cumulative results of operations 2,900,000 Operating/program expenses 2,150,000 Depreciation and amortization 750,000 Appropriations used 4,500,000 Cumulative results of operations 4,500,000