Following is a trial balance of City of Smithville's General Fund at December 31, 2013. Prepare: (a) closing entries; (b) a post-closing trial balance; (c) a statement of revenues, expenditures, and changes in fund balance for the year ended December 31, 2013; and (d) a balance sheet at December 31, 2013.

DebitsCredits

Cash$ 20,000

Property taxes receivable30,000

Due from other funds10,000

Vouchers payable$15,000

Fund balance (unreserved), January 1, 200825,000

Revenues - property taxes325,000

Revenues - other35,000

Expenditures - salaries280,000

Expenditures - 20,000

Transfer out to Debt Service Fund40,000

Encumbrances - materials4,000

Budgetary fund balance reserved for encumbrances4,000

Estimated revenues - property taxes325,000

Estimated revenues - other40,000

Appropriations - salaries290,000

Appropriations - materials25,000

Appropriations - transfer to Debt Service Fund40,000

Budgetary fund balance10,000

Totals $769,000$769,000