The City of Hinton's General Fund had the following post-closing trial balance at April 30, 2016, the end of its fiscal year: Credits Debits $ 98,000 584,000 $190,000 26,380 11,260 Cash Taxes ReceivableDelinquent Allowance for Uncollectible Delinquent Taxes Interest and Penalties Receivable Allowance for Uncollectible Interest and Penalties Inventory of Supplies Vouchers Payable Due to Federal Government Fund Balance NonspendableInventory of Supplies Fund BalanceUnassigned 16,200 149,500 60,490 16,200 297,130 $724,580 $724,580 b. Record in general journal form entries to close the budgetary and operating statement accounts in the General Fund only. Do not close the governmental activities accounts. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) General Journal Debit Credit Transactions Fund 1. Record the closure of budgetary statements account. General Fund 2. Record the closure of operating statements account. 2 General Fund c. Prepare a General Fund balance sheet as of April 30, 2017. CITY OF HINTON General Fund Balance Sheet As of April 30, 2017 Assets Cash Taxes ReceivableDelinquent Less: Allowance for Uncollectible Taxes-Delinquent Interest and Penalties Receivable Less: Allowance for Uncollectible Interest and Penalties Inventory of Supplies Total Assets Liabilities and Fund Balances Liabilities: Vouchers Payable Fund Balances: NonspendableInventory of Supplies Unassigned Total Fund Balances Total Liabilities and Fund Balances d. Prepare a statement of revenues, expenditures, and changes in fund balance for the year ended April 30, 2017. Do not prepare the government-wide financial statements. CITY OF HINTON General Fund Statement of Revenues, Expenditures, and Changes in Fund Balance For the Year Ended April 30, 2017 Revenues Taxes Interest and Penalties on Taxes Other Sources Total Revenues Expenditures Salaries and Wages Interest on Note Payable Other Total Expenditures Excess of Revenues over Expenditures Increase in Inventory of Supplies Fund Balances, May 1, 2016 Fund Balances, April 30, 2017