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Ces The following information was abstracted from the accounts of the General Fund of the City of Rome after the books had been closed
Ces The following information was abstracted from the accounts of the General Fund of the City of Rome after the books had been closed for the fiscal year ended June 30, 2020. Cash Taxes Receivable Postclosing Trial Balance June 30, 2019 Transactions July 1, 2019, to June 30, 2020 Credits $1,348,200 1,321,600 Postclosing Trial Balance June 10, 2020 $493,500 63,700 $557,200 $525,700 31,500 Debits $1,316,000 1,353,800 $557,200 Allowance for Uncollectible Taxes Accounts Payable 5,600 96,600 5,600 1,336,300 Fund Balance 455,000 $557,200 8,400 1,309,500 24,000 8,400 69,800 479,000 $557,200 There were no transfers into the General Fund, but there was one transfer out. Prepare journal entries to record the transactions for the fiscal year ended June 30, 2020. Include closing entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 Record the transfer of taxes receivable to revenues control account. Notel Enter debits before credits. Event General Journal Debit Credit < Prev 3 of 5 Next >
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