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7 The following information was abstracted from the accounts of the General Fund of the City of Rome after the books had been closed for
7 The following information was abstracted from the accounts of the General Fund of the City of Rome after the books had been closed for the fiscal year ended June 30, 2020, 2 points eBook Cash Taxes Receivable Allowance for Uncollectible Taxes Accounts Payable References Fund Balance Postclosing Trial Balance June 30, 2019 $535,900 32,500 Transactions July 1, 2019, to June 30, 2020 Debita $1,328,000 1,364,600 Credits $1,359,000 1,333,600 Posteloning Trial Balance June 30, 2020 $504,900 63,500 $568,400 $568,400 5,600 97,800 5,600 1,347,700 8,800 465,000 $568,400 1,318,500 26,000 8,800 68,600 491,000 $568,400 There were no transfers into the General Fund, but there was one transfer out. Prepare journal entries to record the transactions for the fiscal year ended June 30, 2020. Include closing entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 34 5 Record the transfer of taxes receivable to revenues control account. Note: Enter debits before credits > There were no transfers into the General Fund, but there was one transfer out. Prepare journal entries to record the transactions for the fiscal year ended June 30, 2020. Include closing entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Book D View transaction list Journal entry worksheet ferences
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