Closing entries

At the end of the current calendar year, the following balances were found in the ledger of the Old Jarrell Library Fund.

a$)$ Prepare closing entries for the budgetary and financial accounts.

If an entry affects more than one debit or credit account, enter the accounts in order of magnitude $($largest to smallest balances$),$ debits first. Enter $0$ or leave the field blank if no entry is required.

b$)$ If the Fund balance in the Old Jarrell Library Fund was $$56,000$ on January $1$ of the current calendar year, what was the Fund balance at December $31?$ &