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Jefferson County General Fund Closing Entries December 31, 2020 BUDGETARY BUDGETARY FUND BALANCE Account Title Debits Credits FUND BALANCE RESERVE FOR ENCUMBRANCES 13,500 Preclosing 900

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Jefferson County General Fund Closing Entries December 31, 2020 BUDGETARY BUDGETARY FUND BALANCE Account Title Debits Credits FUND BALANCE RESERVE FOR ENCUMBRANCES 13,500 Preclosing 900 Preclosing Appropriations 233,000 closing entry closing entry Estimated Other Financing Uses 40,000 Budgeted Fund Balance 13,500 Estimated Revenues 286,500 13,500 900 Budgetary Fund Balance-Reserve For Encumbances 900 Encumbances 900 Property Tax Revenue 284,560 FUND BALANCE Fund Balance 16,230 156,758 Preclosing General Government Expenditures 185,630 Capital Expenditures 42,900 closing entry Transfers Out 39,800 ending balance Complete the following table Non- spendable Restricted Committed Assigned Unassigned Total Fund Balance

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