Following is the preclosing trial balance for the General Fund of the City of Doyle Doyle City The General Fund General Ledger Trial Balance December 31, 2016 Cash $360,000 Certificates of Deposit 319,000 Due from State Government 121,000 Due from Other Funds 29,000 Taxes Receivable 802,000 Estimated Revenue 2,938,000 Expenditures 2,100,000 Encumbrances 693,000 Transfers to Other Funds 86,000 Expenditures2015 57,000 Estimated Uncollectible Taxes $32,000 Vouchers Payable 70,000 Due to Other Funds 25,000 Fund BalanceUnassigned 722,000 Fund BalanceAssigned (Note 1) 779,500 Appropriations 2,799,500 Revenue 3,040,000 Transfers from Other Funds 37,000 $7,505,000 $7,505,000 Note 1 Includes $51,600 of encumbrances from 2015 Prepare in general journal form the closing entries for the General Fund of Doyle City (Credit account titles are automatically indented when the amount is entered Do not indent manually If no entry is required, select No entry for the account titles and enter 0 for the amounts ) Account Titles and Explanation Debit Credit (To close revenue) (To close appropriations) (To close prior year expenditures) (To close transfer to other funds) Following is the preclosing trial balance for the General Fund of the City of Doyle Doyle City The General Fund General Ledger Trial Balance December 31, 2016 Cash $360,000 Certificates of Deposit 319,000 Due from State Government 121,000 Due from Other Funds 29,000 Taxes Receivable 802,000 Estimated Revenue 2,938,000 Expenditures 2,100,000 Encumbrances 693,000 Transfers to Other Funds 86,000 Expenditures 2015 57,000 Estimated Uncollectible Taxes $32,000 Vouchers Payable 70,000 Due to Other Funds 25,000 Fund Balance Unassigned 722,000 Fund Balance Assigned (Note 1) 779,500 Appropriations 2,799,500 Revenue 3,040,000 Transfers from Other Funds 37,000 $7,505,000 $7,505,000 Note 1 Includes $51,600 of encumbrances from 2015 Prepare in general journal form the closing entries for the General Fund of Doyle City (Credit account titles are automatically indent Account Titles and Explanation Debit Credit (To close revenue) TA (To close appropriations) (To close prior year expenditures) (To close transfer to other funds)

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Following is the preclosing trial balance for the General Fund of the City of Doyle. Doyle City The General Fund General Ledger Trial Balance December

image text in transcribed Following is the preclosing trial balance for the General Fund of the City of Doyle.

Doyle City The General Fund General Ledger Trial Balance December 31, 2016
Cash	$360,000
Certificates of Deposit	319,000
Due from State Government	121,000
Due from Other Funds	29,000
Taxes Receivable	802,000
Estimated Revenue	2,938,000
Expenditures	2,100,000
Encumbrances	693,000
Transfers to Other Funds	86,000
Expenditures2015	57,000
Estimated Uncollectible Taxes		$32,000
Vouchers Payable		70,000
Due to Other Funds		25,000
Fund BalanceUnassigned		722,000
Fund BalanceAssigned (Note 1)		779,500
Appropriations		2,799,500
Revenue		3,040,000
Transfers from Other Funds		37,000
	$7,505,000	$7,505,000

Note 1: Includes $51,600 of encumbrances from 2015. Prepare in general journal form the closing entries for the General Fund of Doyle City. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)

Account Titles and Explanation	Debit	Credit



(To close revenue)




(To close appropriations)



(To close prior year expenditures)



(To close transfer to other funds)

Following is the preclosing trial balance for the General Fund of the City of Doyle. Doyle City The General Fund General Ledger Trial Balance December 31, 2016 Cash $360,000 Certificates of Deposit 319,000 Due from State Government 121,000 Due from Other Funds 29,000 Taxes Receivable 802,000 Estimated Revenue 2,938,000 Expenditures 2,100,000 Encumbrances 693,000 Transfers to Other Funds 86,000 Expenditures-2015 57,000 Estimated Uncollectible Taxes $32,000 Vouchers Payable 70,000 Due to Other Funds 25,000 Fund Balance-Unassigned 722,000 Fund Balance-Assigned (Note 1) 779,500 Appropriations 2,799,500 Revenue 3,040,000 Transfers from Other Funds 37,000 $7,505,000 $7,505,000 Note 1: Includes $51,600 of encumbrances from 2015. Prepare in general journal form the closing entries for the General Fund of Doyle City. (Credit account titles are automatically indent Account Titles and Explanation Debit Credit (To close revenue) TA (To close appropriations) (To close prior year expenditures) (To close transfer to other funds)