I completed the regular journal entries, Now I need to close the accounts with closing entries. PLEASE COMPLETE THE CLOSING ENTRIES TO FOLLOWING T accounts.

I have listened the T account balances that need to be closed.

This is for the city of monroe continuing problem part 4-c section 2. This is for governmental accounting.

									DUE FROM
	CASH				INVESTMENTS				STATE GOV'T
bb	21,000	923,000	6	bb	59,000			bb	109,000	985,000	2
2	985,000							1	1,072,000
5	5,120
	88,120				59,000				196,000
									TOTAL FUND BALANCE
	ACCOUNTS PAYABLE								(beginning of year)
		9,000	bb							180,000	bb
		1,030,500	4
6	923,000
		116,500								180,000
	REVENUES				REVENUES				EXPENDITURES - STREET
	INTERGOVERNMENTAL				INVESTMENT INTEREST			& HIGHWAY MAINTENANCE
		1,072,000	1			5,120	5	4	1,030,500
		1,072,000				5,120			1,030,500
BUDGETARY ACCOUNTS
									BUDGETARY
	ESTIMATED REVENUES				APPROPRIATIONS				FUND BALANCE
3-C B	1,068,000					1,047,000	3-C B	7	4,500	21,000	3-C B
						4,500	7
	1,068,000					1,051,500				16,500
	BUDGETARY FUND BALANCE
RESERVE FOR ENCUMBRANCES	RESERVE FOR ENCUMBRANCES								ENCUMBRANCES
		-	bb					3	1,062,000
		1,062,000	3							1,043,000	4
4	1,043,000
									19,000
		19,000
			Total Debits			2,460,620
			Total Credits			2,460,620