As on 31 December 2017 Debit OMR Credit OMR Particulars Expenditures General Education Health Maintenance 2,523,000 1,214,000 1,456,000 550,000 1,256,000 59,48000 3,32,000 512,000 Property Tax receivable Estimated revenue Encumbrances Transfer from debt service fund Transfer to Enterprise fund Cash Revenue State Grant Property taxes Charges for services License and permits 724,000 214,000 2,290,000 1,856,000 1,550,000 372,000 780,000 1,56,000 385,000 Accounts receivable Estimated Uncollectible taxes Due from Internal Service Fund Due to enterprise Fund Vouchers payable Reserve for Encumbrances Appropriations Unreserved Fund balance 75,000 163,000 1,378,000 6,238,000 792,000 15,382,000 15,382,000 The balance of fund on December 31, 2016 was OMR 1,965,000 You are required: i. Write closing entries for the year ended 31 December, 2017 ii. Prepare a statement of revenue, expenditure, and changes in fund balance Prepare a balance sheet for the General Fund at December 31,2017