Accounts Payable Fund Balance Totals 16,000 72,000 $97.200 $97.200 The following data pertain to General Fund operations for the City of Hattiesburg for the fiscal year ended December 31, 2017: 50. Budget adopted: $420,800 160,000 20,000 $600.800 Revenues: Property Taxes Fines, Forfeits, and Penalties Miscellaneous Revenues Total Revenues Expenditures and Other Financing Uses: Public Safety General Government Culture and Recreation Other Financing Uses - Transfers Out Total Expenditures and Other Financing Uses Record the budgetary journal entry: Debit (Account Title) Credit (Account Title) $390,000 120,000 54,000 30,000 $594.000 Debit Credit Select] 600,800 Select) 6,800 [Select) 564,000 [Select) 30,000 - Transfers Out Questions 50-59 relate to the following: The General Fund trial balance of the City of Hattiesburg as of January 1, 2017 was as follows: Credits Cash Debits $20,000 77,200 Taxes Receivable Estimated Uncollectible Taxes Accounts Payable Fund Balance $9,200 16,000 72,000 $97.200 Totals $97.200 The following data pertain to General Fund operations for the City of Hattiesburg for the fiscal year ended December 50. Budget adopted: $420,800 160,000 20,000 $600.800 Revenues: Property Taxes Fines, Forfeits, and Penalties Miscellaneous Revenues Total Revenues Expenditures and Other Financing Uses: Public Safety General Government Culture and Recreation Other Financing Uses - Transfers Out Total Expenditures and Other Financing Uses $390,000 120,000 54,000 30,000 $594,000 Record the budgetary journal entry: Debit Account Title) Credit (Account Title) Debit Credit [Select) 600,800 Select) : 6,800 Questions 50-59 relate to the following: Closing entries were recorded. 59a. Close budgetary accounts. Debit (Account Title) Credit (Account Title) Debit Credit [ Select) 564,000 [Select] 30,000 [Select) 6,800 [ Select 600,800 59b. Close encumbrance accounts. Credit (Account Title) Debit (Account Title) [Select) Debit Credit 3,000 Select] 3,000 59c. Close financial statement activity accounts. Debit (Account Title) Credit (Account Title) Credit Debit 595,400 [Select] [Select) 18,000 [ Select] 25,600 [Select] 557,800 59a. Close budgetary accounts. Debit (Account Title) Credit (Account Title) Debit Credit [Select] 564,000 Select] 30,000 (Select) 6,800 [Select) 600,800 59b. Close encumbrance accounts. Debit (Account Title) Credit (Account Title) Debit Credit [Select] 3,000 [Select] 3,000 59c. Close financial statement activity accounts. Debit (Account Title) Credit (Account Title) Debit Credit [Select) 595,400 Select] 18,000 [ Select] 25,600 [Select] 557,800 [ Select ] 30,000 Accounts Payable Fund Balance Totals 16,000 72,000 $97.200 $97.200 The following data pertain to General Fund operations for the City of Hattiesburg for the fiscal year ended December 31, 2017: 50. Budget adopted: $420,800 160,000 20,000 $600.800 Revenues: Property Taxes Fines, Forfeits, and Penalties Miscellaneous Revenues Total Revenues Expenditures and Other Financing Uses: Public Safety General Government Culture and Recreation Other Financing Uses - Transfers Out Total Expenditures and Other Financing Uses Record the budgetary journal entry: Debit (Account Title) Credit (Account Title) $390,000 120,000 54,000 30,000 $594.000 Debit Credit Select] 600,800 Select) 6,800 [Select) 564,000 [Select) 30,000 - Transfers Out Questions 50-59 relate to the following: The General Fund trial balance of the City of Hattiesburg as of January 1, 2017 was as follows: Credits Cash Debits $20,000 77,200 Taxes Receivable Estimated Uncollectible Taxes Accounts Payable Fund Balance $9,200 16,000 72,000 $97.200 Totals $97.200 The following data pertain to General Fund operations for the City of Hattiesburg for the fiscal year ended December 50. Budget adopted: $420,800 160,000 20,000 $600.800 Revenues: Property Taxes Fines, Forfeits, and Penalties Miscellaneous Revenues Total Revenues Expenditures and Other Financing Uses: Public Safety General Government Culture and Recreation Other Financing Uses - Transfers Out Total Expenditures and Other Financing Uses $390,000 120,000 54,000 30,000 $594,000 Record the budgetary journal entry: Debit Account Title) Credit (Account Title) Debit Credit [Select) 600,800 Select) : 6,800 Questions 50-59 relate to the following: Closing entries were recorded. 59a. Close budgetary accounts. Debit (Account Title) Credit (Account Title) Debit Credit [ Select) 564,000 [Select] 30,000 [Select) 6,800 [ Select 600,800 59b. Close encumbrance accounts. Credit (Account Title) Debit (Account Title) [Select) Debit Credit 3,000 Select] 3,000 59c. Close financial statement activity accounts. Debit (Account Title) Credit (Account Title) Credit Debit 595,400 [Select] [Select) 18,000 [ Select] 25,600 [Select] 557,800 59a. Close budgetary accounts. Debit (Account Title) Credit (Account Title) Debit Credit [Select] 564,000 Select] 30,000 (Select) 6,800 [Select) 600,800 59b. Close encumbrance accounts. Debit (Account Title) Credit (Account Title) Debit Credit [Select] 3,000 [Select] 3,000 59c. Close financial statement activity accounts. Debit (Account Title) Credit (Account Title) Debit Credit [Select) 595,400 Select] 18,000 [ Select] 25,600 [Select] 557,800 [ Select ] 30,000