Record all necessary journal entries for the following transactions of the General Fund for the City of Pawnee. City of Pawnee is located in Texas which does not have a state income tax. Use double entry accounting:

1: The following budget for City of Pawnee was legally adopted on January 1, 2015: Estimated Revenues: $10,000,000 Appropriations: $10,800,000 Estimated OFS: 1,000,000.

2: Recognized $50,000 of property tax revenue that was deferred in the prior accounting period.

3: The capital projects fund transferred $800,000 to the general fund which represented the unused funds left after completion of the Offermans City Hall Woodshop. The amount is not to be reimbursed to the CPF.

4: $700,000 from the sale of licenses and permits was collected, For Lil Sebastians Memorial Festival.

5: A general property tax levy in the amount of $9,500,000 was made. It is estimated that 8% of the tax will be uncollectible.

6: Parks and Recreation Director Ron Swanson issued purchase orders and contracts in the amount of $2,000,000 for new capital assets related to the recently completed City Hall Wood Shop.

7: Notification was received that an unrestricted state grant in the amount of $433,000 will be received in the first month of the next fiscal year. Revenue needs to be recognized.Notification was received that an unrestricted state grant in the amount of $433,000 will be received in the first month of the next fiscal year. Revenue needs to be recognized.

8: Cash collected from current property taxes totaled $8,700,000.

9: All purchase orders and contracts encumbered in (6) were filled at a net cost of $1,990,000. The invoice was vouchered (liability recognized).

10: April Ludgate paid the town employees salaries of $800,000. Of that amount, $100,000 were withheld for employees federal income taxes and $49,600 were withheld for employees FICA and Medicare tax liability. The balance was paid in cash.

11: Andy Dwyer ordered shoe shining supplies for City Hall polishing service for $580,000.

12: The vouchered amount in (9) was paid.

13: The liability for Pawnees share of FICA and Medicare taxes was recorded as well as the liability for state unemployment taxes which amounted to $12,500.

14: Interest and penalties were accrued for $250,000. It is estimated 15% of these will be uncollectible.

15: Revenues from various sources were collected in the amount of $500,000.

16: Received all supplies ordered in (11) at an invoiced amount of $579,500. The amount was vouchered for payment.

17: Paid the $579,500 voucher.

18: Paid off amounts owed to the State and Federal Government.

19: All legal steps were accomplished and Mayor Gunderson approved to increase appropriations by a net amount of $200,000. Estimated revenues were increased by $85,000.

20: Pawnee wrote-off all but $100,000 of unpaid current year property taxes. The corresponding interest and penalties amounted to $30,100 (also written off).

21: It is estimated that $95,000 of outstanding taxes receivable will be collected more than 60 days beyond the fiscal year end. Record a deferral to properly recognize this revenue in the correct fiscal year.

22: FINAL QUESTION: What accounts will be closed to fund balance AND budgetary fund balance at the end of the fiscal year. Please list all in space below (separate accounts between which are closed to fund balance and which are closed to budgetary fund balance).