can you answer all parts of the question. a and b. in a answer all journal entries a-l. thank you

The town of Papillion has assigned you to examine its June 30, 20X1. balance sheet. You are the first CPA to be engaged by the town, and you find that acceptable methods of municipal accounting have not been employed. The town clerk stated that the books had not been closed and presented the following preclosing trial balance of the general fund as of June 30, 20X1 Credit Debit $150,000 59,200 $ 18,000 8.00 10,200 310, eee 348,000 Cash Taxes Receivable-Current Year Allowance for Uncollectibles-Current Taxes Receivable-Delinquent Allowance for Uncollectibles-Delinquent Estimated Revenues Control Appropriations Control Donated Land Expenditures-Building Addition Constructed Expenditures-Serial Bonds Paid Other Expenditures Special Assessment Bonds Payable Revenue Accounts Payable Fund Balance-Unassigned Budgetary Fund Balance-Unassigned Total 27,000 50,000 16,eee 280,000 100,00 354,000 26,000 82,800 I 38,000 $938,200 $938.200 Additional Information: 1. The estimated losses of $18,000 for current year taxes receivable were determined to be a reasonable estimate. The delinquent taxes allowance account should be adjusted to $8.000, the amount of the remaining delinquent taxes 2. Included in the Revenue account is a credit of $27000, representing the value of land donated by the state as a grant-in-aid for construction of a municipal park 3. Operating supplies ordered in the prior fiscal year and chargeable to that year had been received recorded, and consumed in July 20x0. The outstanding purchase orders for these supplies, which had not been recorded in the accounts on June 30,20x0. amounted to $8,800. The vendors invoices for these supplies totaled $9.400. Appropriations lapse one year after the end of the fiscal year for which they are made 4. Outstanding purchase orders for operating supplies totaled $2,100 on June 30, 20x1 These purchase orders had not been recorded on the books 5. The special assessment bonds were sold in June 20x1 to finance a street-paving project. No contracts have been signed for this project, and no expenditures have been made from the capital projects tund. The city is obligated for the bonds if the property owners default 6. The balance in the Revenue account includes credits for $20,000 for a note issued to a bank to obtain cash in anticipation of tax collections and for $1.000 for the sale of scrap iron from the town's water plant. The note was still outstanding on June 30, 20X1 The operations of the water plant are accounted for in the water fund 7. The Expenditures-Building Addition Constructed account balance is the cost of an addition to the town hall building constructed and completed in June 20X1. The general fund recorded the payment as authorized 8. The Expenditures-Serial Bonds Paid account reflects the annual retirement of general obligation bonds issued to finance the construction of the town hall. Interest payments of $7000 for the bond issue are included in other expenditures a Required: a. Prepare the formal adjusting and closing Journal entries for the general fund for the fiscal year ended June 30, 20X1. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list X L to A Record the entry to reduce the estimated losses on prior year's taxes to $8,000, the remaining total of the receivables. B Record the entry to remove the accounts belonging only in the government-wide financial statements. C Record the purchase orders outstanding as of June 30, 20x0. bit Credit D Record the entry to reclassify the purchases of supplies chargeable to the prior year's appropriations. Record the encumbering of appropriations for purchase orders outstanding as of June 30, 20X1. E Record the liability to the Capital Projects Fund for cash obtained from the sale of special assessment bonds. G Record the tax anticipation notes payable and the liability to the Water Utility Fund for funds obtained from the sale of scrap. H Record the closing entry for the appropriations control account. I Record the closing entry for the encumberances. j Record the closing entry for the budgetary fund balances. K Record the closing entry for the expenses and revenues. L Record the closing entry for the encumberances and expenditures. b. The preceding information disclosed by your examination was recorded only in the general fund even though other funds were involved. Prepare the formal adjusting journal entries for any other funds involved (Select the appropriate fund for each situation. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Transaction Fund General Journal Debit Credit 5 The special assessment bonds were sold in June 20x1 to finance a street paving project. No contracts have been signed for this project, and no expenditures have been made from the capital projects fund. The city is obligated for the bonds if the property owners default 5 Record the receivable due from the General Fund for the proceeds on the sale of bonds 6. The balance in the Revenue account includes credits for $20,000 for a note issued to a bank to obtain cash in anticipation of tax collections and for $1,000 for the sale of scrap iron from the town's water plant. The note was still outstanding on June 30, 20X1 The operations of the water plant are accounted for in the water fund 6 Record the receivable from the General Fund for cash obtained from the sale of scrap