General Fund Thal balance of Muscat Municipal Corporation As on 31 December 2017 Particula Dit OMR Credit OMR Expenditures Gel 2,523,000 Education 1,214,000 Health 1,456,000 Maintenance 550,000 1,256,000 59,48000 3,32,000 512,000 Property vable Estimated teme Encumbence Tra from debt service find Transfer to Enterprise find Caah Revenue State Grant Property Charges for services License and petits 724,000 214,000 2,290,000 1,856,000 1,550,000 372,000 780,000 1,56,000 385,000 Accounts maceivable Estimated Uncollectible taxes Due from Internal Service Fund Due to enterprise Fund Vouchers payable Reserve for Encumbrances Appropriations Unreserved Fund balance 75,000 163,000 1,378,000 6,238,000 792,000 15,382,000 15,382,000 The balance of fund on December 31, 2016 was OMR 1 965,000 You are required: Write closing entries for the year ended 31 December 2017 Prepare a statement of revenue expenditure, and changes in fund balance Prepare a balance sheet for the General Fund at December 31, 2017