Below you will find a preclosing trial balance for the City of Carsonville's General Fund (for the year ended December 31, 2016). 000s have been omitted.

Fund Balance		960
Appropriations		16,800
Expenditures	15,600
Encumbrances	320
Budgetary FB Reserve for Encumbrances		320
Estimated Revenues	24,400
Revenues		24,200
Estimated Other Financing Sources	1,600
Other Financing Sources		1,680
Budgetary Fund Balance		9,200
Current Assets	12,440
Current Liabilities		1,200
Total	54,360	54,360

Requirements:

1. Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the City of Carsonville's General Fund on a budget to actual basis for the year ended 12/31/16.

Additional Information:

The above budgeted amounts represent the final budget for the year. On October 1, 2016 the city approved an increased in budgeted revenues of: $160 and a decrease in appropriations of: $80. This change is reflected in the above amounts. Use this data to calculate the original budgetary amounts for your statement.

2. Prepare a balance sheet for the General Fund at 12/31/2016.
3. Prepare closing entries based on the above information.
4. Post a "Fund Balance" T-account. Make sure it ties out to the balance sheet above.