Based on the following, Prepare the Journal Entries for Closing, and post the Closing Entries for the General Fund into the previous T-Account tab. Outstanding encumbrances at year end are classified as Assigned Fund Balance and all remaining net resources are classified as Unassigned Fund Balance. And Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the year ended December 31, 2020. Confirm that the revenue and expenditure control accounts agree with the following detail (amounts are assumed) and use this information in the Statement:

Revenues		Expenditures
Property Taxes	$	6,846,000		General Government	$	1,682,915
Sales Taxes		2,938,000		Public Safety		3,066,900
Interest and Penalties on Taxes		16,100		Highways and Streets		1,441,400
Licenses and Permits		800,000		Sanitation		591,400
Intergovernmental Revenue		332,000		Health		724,100
Miscellaneous Revenue		350,000		Welfare		374,300
				Culture and Recreation		917,300
				Capital Outlay		492,800
Total	$	11,282,100		Total	$	9,291,115

INFO:

\begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Accounts Payable } & \multicolumn{4}{|c|}{ Tax Anticipation Note Payable } \\ \hline Beg.bal. & & 99,000 & & Beg.bal. & & & \\ \hline r & & 18,700 & 6b & F & & 500,000 & 05 \\ \hline \multirow[t]{2}{*}{07} & 117,700 & & & 13 & 500,000 & & \\ \hline & & 3,375,300 & 12b & & & & \\ \hline 17 & 3,175,000 & & & & & & \\ \hline End.bal. & & 200,300 & & End.bal. & & & \\ \hline \multicolumn{4}{|c|}{ Due to other Funds } & \multicolumn{4}{|c|}{ Due to Federal Government } \\ \hline Beg.bal. & & 27,000 & & Beg.bal. & & & \\ \hline \multirow[t]{2}{*}{07} & 27,000 & & & p & & 888,915 & 10 \\ \hline & & 350,200 & 15a & E & & 390,915 & 11 \\ \hline \multirow[t]{2}{*}{15b} & 310,000 & & & 17 & 1,279,830 & & \\ \hline & & & & & & & \\ \hline \multirow[t]{2}{*}{ End.bal. } & & 40,200 & & End.bal. & & & \\ \hline & \multicolumn{3}{|c|}{ Due to State Government } & \multicolumn{4}{|c|}{ Deferred Inflows-Property Taxes } \\ \hline Beg.bal. & & & & Beg.bal. & & 21,000 & \\ \hline[ & & 28,000 & 11 & 03 & 21,000 & & \\ \hline 17 & 28,000 & & & 1 & & 17,500 & 21 \\ \hline & & & & & & & \\ \hline End.bal. & & & & End.bal. & & 17,500 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Total Fund Balance (Preclosing) } & \multicolumn{4}{|c|}{ Revenues Control } \\ \hline Beg.bal. & & & Beg.bal. & & & \\ \hline & & & & & 21,000 & 03 \\ \hline & & & 5 & & 6,842,500 & 04 \\ \hline & & & & & 4,040,000 & 08 \\ \hline & & & 7 & & 332,000 & 14 \\ \hline & & & E & & 48,000 & 16 \\ \hline & & & & & 16,100 & 20 \\ \hline 7 & & & 21 & 17,500 & & \\ \hline End.bal. & & & End.bal. & & 11,282,100 & \\ \hline \multicolumn{3}{|c|}{ Expenditures Control } & \multicolumn{4}{|c|}{ Other Financing Uses Control } \\ \hline Beg.bal. & & & Beg.bal. & & & \\ \hline 6b & 18,700 & & 17 & 1,662,000 & & \\ \hline 10 & 5,110,000 & & Y & & & \\ \hline 11 & 418,915 & & F & & & \\ \hline 12b & 3,375,300 & & F & & & \\ \hline 13 & 18,000 & & F & & & \\ \hline 15a & 350,200 & & F & & & \\ \hline= & & & & & & \\ \hline End.bal. & 9,291,115 & & End.bal. & 1,662,000 & & \\ \hline \multicolumn{3}{|c|}{ Estimated Revenues Control } & \multicolumn{4}{|c|}{ Appropriations Control } \\ \hline Beg.bal. & & & Beg.bal. & & & \\ \hline 01 & 11,150,000 & & E & & 9,380,000 & 01 \\ \hline 18 & 73,000 & & E & & 109,000 & 18 \\ \hline= & & & = & & & 1 \\ \hline End.bal. & 11,223,000 & & End.bal. & & 9,489,000 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Estimated Other Financing Uses Control } & \multicolumn{4}{|c|}{ Budgetary Fund Balance } \\ \hline \multirow[t]{2}{*}{ Beg.bal. } & & & & Beg.bal. & \multirow[b]{2}{*}{36,000} & & \\ \hline & & 1,700,000 & 01 & 18 & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline End.bal. & & 1,700,000 & & End.bal. & 36,000 & & \\ \hline \multicolumn{4}{|c|}{ Budgetary Fund Balance-Reserve for Encumbrances } & \multicolumn{4}{|c|}{ Encumbrances Control } \\ \hline Beg.bal. & & & & Beg.bal. & & & \\ \hline= & & 19,000 & 02 & 02 & 19,000 & & \\ \hline 6a & 19,000 & & & & & 19,000 & 6a \\ \hline & & 3,465,000 & 09 & 09 & 3,465,000 & & P \\ \hline 12a & 3,407,000 & & P & p & & 3,407,000 & 12a \\ \hline End.bal. & & 58,000 & & End.bal. & 58,000 & & \\ \hline \multicolumn{4}{|c|}{ Fund Balance (Closing) } & & & & \\ \hline \multirow[t]{2}{*}{ Beg.bal. } & & & & & & & \\ \hline & & & Preclosing & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline End.bal. & & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Accounts Payable } & \multicolumn{4}{|c|}{ Tax Anticipation Note Payable } \\ \hline Beg.bal. & & 99,000 & & Beg.bal. & & & \\ \hline r & & 18,700 & 6b & F & & 500,000 & 05 \\ \hline \multirow[t]{2}{*}{07} & 117,700 & & & 13 & 500,000 & & \\ \hline & & 3,375,300 & 12b & & & & \\ \hline 17 & 3,175,000 & & & & & & \\ \hline End.bal. & & 200,300 & & End.bal. & & & \\ \hline \multicolumn{4}{|c|}{ Due to other Funds } & \multicolumn{4}{|c|}{ Due to Federal Government } \\ \hline Beg.bal. & & 27,000 & & Beg.bal. & & & \\ \hline \multirow[t]{2}{*}{07} & 27,000 & & & p & & 888,915 & 10 \\ \hline & & 350,200 & 15a & E & & 390,915 & 11 \\ \hline \multirow[t]{2}{*}{15b} & 310,000 & & & 17 & 1,279,830 & & \\ \hline & & & & & & & \\ \hline \multirow[t]{2}{*}{ End.bal. } & & 40,200 & & End.bal. & & & \\ \hline & \multicolumn{3}{|c|}{ Due to State Government } & \multicolumn{4}{|c|}{ Deferred Inflows-Property Taxes } \\ \hline Beg.bal. & & & & Beg.bal. & & 21,000 & \\ \hline[ & & 28,000 & 11 & 03 & 21,000 & & \\ \hline 17 & 28,000 & & & 1 & & 17,500 & 21 \\ \hline & & & & & & & \\ \hline End.bal. & & & & End.bal. & & 17,500 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Total Fund Balance (Preclosing) } & \multicolumn{4}{|c|}{ Revenues Control } \\ \hline Beg.bal. & & & Beg.bal. & & & \\ \hline & & & & & 21,000 & 03 \\ \hline & & & 5 & & 6,842,500 & 04 \\ \hline & & & & & 4,040,000 & 08 \\ \hline & & & 7 & & 332,000 & 14 \\ \hline & & & E & & 48,000 & 16 \\ \hline & & & & & 16,100 & 20 \\ \hline 7 & & & 21 & 17,500 & & \\ \hline End.bal. & & & End.bal. & & 11,282,100 & \\ \hline \multicolumn{3}{|c|}{ Expenditures Control } & \multicolumn{4}{|c|}{ Other Financing Uses Control } \\ \hline Beg.bal. & & & Beg.bal. & & & \\ \hline 6b & 18,700 & & 17 & 1,662,000 & & \\ \hline 10 & 5,110,000 & & Y & & & \\ \hline 11 & 418,915 & & F & & & \\ \hline 12b & 3,375,300 & & F & & & \\ \hline 13 & 18,000 & & F & & & \\ \hline 15a & 350,200 & & F & & & \\ \hline= & & & & & & \\ \hline End.bal. & 9,291,115 & & End.bal. & 1,662,000 & & \\ \hline \multicolumn{3}{|c|}{ Estimated Revenues Control } & \multicolumn{4}{|c|}{ Appropriations Control } \\ \hline Beg.bal. & & & Beg.bal. & & & \\ \hline 01 & 11,150,000 & & E & & 9,380,000 & 01 \\ \hline 18 & 73,000 & & E & & 109,000 & 18 \\ \hline= & & & = & & & 1 \\ \hline End.bal. & 11,223,000 & & End.bal. & & 9,489,000 & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Estimated Other Financing Uses Control } & \multicolumn{4}{|c|}{ Budgetary Fund Balance } \\ \hline \multirow[t]{2}{*}{ Beg.bal. } & & & & Beg.bal. & \multirow[b]{2}{*}{36,000} & & \\ \hline & & 1,700,000 & 01 & 18 & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline End.bal. & & 1,700,000 & & End.bal. & 36,000 & & \\ \hline \multicolumn{4}{|c|}{ Budgetary Fund Balance-Reserve for Encumbrances } & \multicolumn{4}{|c|}{ Encumbrances Control } \\ \hline Beg.bal. & & & & Beg.bal. & & & \\ \hline= & & 19,000 & 02 & 02 & 19,000 & & \\ \hline 6a & 19,000 & & & & & 19,000 & 6a \\ \hline & & 3,465,000 & 09 & 09 & 3,465,000 & & P \\ \hline 12a & 3,407,000 & & P & p & & 3,407,000 & 12a \\ \hline End.bal. & & 58,000 & & End.bal. & 58,000 & & \\ \hline \multicolumn{4}{|c|}{ Fund Balance (Closing) } & & & & \\ \hline \multirow[t]{2}{*}{ Beg.bal. } & & & & & & & \\ \hline & & & Preclosing & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline End.bal. & & & & & & & \\ \hline \end{tabular}