Additional Information for 20X1: 1. Charges to customers for water and gas were $420,300; collections were $433,700. 2. A loan of $30,660 for two years was received from the general fund. 3. The water and gas lines were extended to a new development at a cost of $76,300. The contractor was paid. 4. Supplies were acquired from central stores (internal service fund) for $14,100. Operating expenses were $329,400, and interest expense was $30,660. Payment was made for the interest and the payable to central stores, and $325,600 of the vouchers were paid. 5. Adjusting entries were as follows: estimated uncollectible accounts receivable, $7,100; depreciation expense, $32,800; and supplies expense, $16,500. Required: a. Prepare entries for the MUD enterprise fund for 201 and closing entries. Prepare entries for the MUD enterprise fund for 20X1 and closing entries. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entrv worksheet Note: Enter debits before credits. Journal entry worksheet D Note: Enter debits before credits. Journal entry worksheet Record the receipt of loan from the General Fund. Note: Enter debits before credits. Journal entry worksheet Record the extension of the water and gas lines. Note: Enter debits before credits. Journal entry worksheet Record the payment for the extended lines. Note: Enter debits before credits. Journal entry worksheet B C D Note: Enter debits before credits. Journal entry worksheet C (D) E H Record the payment of the approved vouchers, interest, and payment to the Central Stores Fund. Note: Enter debits before credits. Journal entry worksheet Record the entry to reduce the revenue for the uncollectible accounts. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record the entry to close the profit and loss summary. Note: Enter debits before credits. Journal entry worksheet Record the increase in the net assets invested. Note: Enter debits before credits