Bellevue City's printing shop had the following trial balance on January 1, 20x2: Cash Due from Other Funds Inventory of Supplies Furniture & Equipment Accumulated Depreciation Vouchers Payable Net Assets: Invested in Capital Assets (no related debt) Unrestricted Total Debit Credit $ 24,600 15,600 9,800 260,000 $ 50,000 12,000 210,000 38,000 $310,000 $310,000 Additional Information for 20x2 1. During 20x2, the printing shop acquired supplies for $96,000, furniture for $1.500, and a copler for $3,200. 2. Printing jobs billed to other funds amounted to $292,000; cash received from other funds. $287,300; costs of printing jobs. $204,000, including $84.000 of supplies, operating expenses, $38,000, including $8.400 of supplies; depreciation expense, $23,000; and vouchers paid $243,000. Required: a. Prepare entries for the printing shop for 20x2, including closing entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction lit Journal entry worksheet C D B E F G H 1 Record the acquisitions of supplies, furniture, and office equipment. Required: a. Prepare entries for the printing shop for 20x2, including closing entries. (If no entry is required journal entry required" in the first account field.) View transaction list X A Record the acquisitions of supplies, furniture, and office equipment. B Record the billings for jobs completed. C Record the collections on billings. D Record the costs of printing jobs. Credit E Record the depreciation for the period. F Record the payment of the approved vouchers. G Record the entry to close the nominal accounts. Note : = journal entry has been entered Record entry Clear entry View general journal a. Prepare entries for the printing shop for 20X2, including closing entries. (1 journal entry required" in the first account field.) View transaction list X: C Record the collections on billings. D Record the costs of printing jobs. E Record the depreciation for the period. F Record the payment of the approved vouchers. G Record the entry to close the nominal accounts. H Record the entry to close the profit and loss summary. 1 Record the entry to reclassify net assets as of the end of the period. Note : = journal entry has been entered Record entry Clear entry View ger b. Prepare a statement of net position for the fund on December 31, 20x2. No debt is related to the year-end amount of the fund's capital assets. (Amounts to be deducted should be indicated by minus sign.) BELLEVUE Printing Shop Fund Statement of Net Position December 31, 20X2 Assets: Total Assets Liabilities: Total Liabilities Net Position: otal Net position n RI Next > c. Prepare a statement of revenues, expenses, and changes in fund net assets for 20x2. BELLEVUE Printing Shop Fund Statement of Revenue, Expenses, and Changes in Fund Not Position For Fiscal Year Ended December 31, 20X2 Revenue: Expenses: Net Position, January 1 Net Position, December 31 d. Prepare a statement of cash flows for 20x2. (Negative amounts and amounts to be deducted should be indicated by minus sign.) BELLEVUE CITY Internal Service Fund - Printing Shop Statement of Cash Flows For the Year Ended December 31, 20X2 Cash Flows from Operating Activities: Cash Flows from Capital and Related Financing Activities Acquisition of Capital Assets (furniture and copier) Reconciliation of Operating Income to Net Cash Provided by Operating Activities: Adjustments to Reconcile Operating Income to Net Cash Used by Operating Activities: Change in Assets and Liabilities: Cash Flows from Capital and Related Financing Activities Acquisition of Capital Assets (furniture and copier) Reconciliation of Operating Income to Net Cash Provided by Operating Activities: Adjustments to Reconcile Operating Income to Net Cash Used by Operating Activities: Change in Assets and Liabilities: + Total Adjustments