The City of xx General Fund Pre-closing Trial Balance is provided for June 30, 2016 (FY 2016). Do not include encumbrances or encumbrances outstanding in either closing entry.

1.Prepare the budgetary closing entry

2.Prepare the closing entry for the remaining nominal accounts

1.Prepare the budgetary closing entry

2.Prepare the closing entry for the remaining nominal accounts

City of Camden, NJ
General Fund
Pre-Closing Trial Balance
June 30, 2016
	Debits	Credits
Cash	$ 2,348,221
Allowance for Uncollectible Delinquent Taxes		$ 309,735
Allowance for Uncollectible Interest and Penalties		8,442
Appropriations		7,750,000
Budgetary Fund Balance		560,000
Due from Other Funds	8,709
Due to Federal Government		16,246
Due to New Jersey State Government		74,983
Due to Other Funds		1,229
Encumbrances Outstanding--2016		12,350
Encumbrances--2016	12,350
Estimated Other Financing Sources	2,000,000
Estimated Other Financing Uses		180,000
Estimated Revenues	6,490,000
Expenditures--2015	74,800
Expenditures--2016	7,640,000
Fund Balance--Committed		218,300
Fund Balance--Unassigned		1,051,141
Interest and Penalties Receivable on Taxes	90,775
Inventory of Supplies	261,655
Other Financing Sources		2,000,000
Other Financing Uses	182,000
Revenues		6,879,000
Taxes Receivable--Delinquent	766,816
Vouchers Payable		813,900
	$19,875,326	$ 19,875,326