The City of Pittsburgh has the following pre-closing trial balance as of December 31:

                                                                           Debit            Credit

Cash                                                               $10,000

Taxes Receivable - Current                              75,000

Allowance for Uncollectible Current Taxes                            $5,000

Accounts Payable                                                                  20,000

Due to Other Funds                                                                 4,000

Tax Anticipation Notes Payable                                             37,000

Fund Balance - Unassigned                                                  17,500

Budgetary Fund Balance                                                         2,500

Estimated Revenues                                     100,000

Revenues                                                                               97,500

Appropriations                                                                        97,000

Expenditures                                                    96,000

1. What is the Fund Balance - Unassigned after ALL closing entries have been made?

2. If the City of Pittsburgh issued bonds on October 1, 2015 for the construction of a new building and those bonds were issued at par, what would the entry be on December 31, 2015 to accrue the interest owed on those bonds?

3. The General Fund of the City of Pittsburgh used water and sewer services provided by the city owned utility (a proprietary fund of the City of Pittsburgh that is NOT included in the Government-Wide Activities). The journal entry(ies) to record the transaction will include a Debit to__________ ?

4. If the City of Pittsburgh acquired $15,000 in capital assets using General Funds, what entry(ies) is(are) needed to account for this acquisition?

5. The City of Pittsburgh had the following pre-closing trial balance for its Capital Projects Fund at December 31, the fiscal year end:

Cash                                                                       $ 200,000

Construction Expenditures                                      3,000,000

Interest Expenditures                                                   50,000

Encumbrances                                                           750,000

     Revenues                                                                                       $ 250,000

     Other Financing Sources - Proceeds of Bonds                              2,900,000

     Contracts Payable                                                                          1,000,000

     Encumbrances Outstanding                                                              750,000

As a result of the closing entry, what will be the balance in the Capital Projects Fund Balance?