The finance director for the City of Green Falls printed the General Fund Revenues and Appropriations Ledgers shown below for the year just ended. The beginning$-$of$-$the$-$year fund balance was $$159,960.$ Estimated and actual Other Financing Uses$-$Interfund Transfers Out totaled

$$51,700.$

Required

a$.$ From the ledger detail, reproduce the summary journal entries recorded in the General Fund general journal to close the operating

statement and budgetary accounts at the end of the year.

b$.$ What are the amounts of encumbrances outstanding at year$-$end?

c$.$ Prepare a statement of revenues, expenditures, and changes in fund balance for the General Fund of the City of Green Falls for the

prior year.

d$.$ Prepare a budgetary comparison schedule for the General Fund of the City of Green Falls for the prior year.

Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below.

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Required $A$

From the ledger detail, reproduce the summary journal entries recorded in the General Fund general journal to close the operating statement and budgetary accounts at the end of the year. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

$\backslash$table$[[$Transaction$,$Fund,General Journal,Debit,Credit$],[\backslash$table$[[1.$ Record from the ledger, the summary journal entries recorded to close the operating statement and budgetary accounts at the end of the$],[$year$.]],,,,],[1,$General Fund,Appropriations,,$],[,,$Estimated Other Financing Uses,,$],[,,$Budgetary Fund Balance,,$],[,$Estimated Revenues,,,$],[2,,,,],[,,$Revenues,,$],[,,$Fund Balance$-$Unassigned,,$],[,,$Expenditures,,$]]$ a$.$ From the ledger detail, reproduce the summary journal entries recorded in the General Fund general journal to close the operating

statement and budgetary accounts at the end of the year.

b$.$ What are the amounts of encumbrances outstanding at year$-$end?

c$.$ Prepare a statement of revenues, expenditures, and changes in fund balance for the General Fund of the City of Green Falls for the

prior year.

d$.$ Prepare a budgetary comparison schedule for the General Fund of the City of Green Falls for the prior year.

Complete this question by entering your answers in the tabs below.

Required $A$

Required B

Required $C$

Required D

What are the amounts of encumbrances outstanding at year$-$end?

$\backslash$table$[[$Ref$.,$Account Description,$\backslash$table$[[$Est$.$ Revenues$],[$Dr$($Cr $)]],\backslash$table$[[$Revenues$],[$Cr$($Dr$)]],\backslash$table$[[\backslash$table$[[$Ealance$],[$Dr$($Cr$)]]]]],[,$Estinated Revenues$-$Taxoes$-$fieal Property,,,$],[102,$Budget Authorizstion,$7,302,400,,7,302,400],[103,$Accrued Revenue,,$7,305,700,(4,300)],[104,$Previous Deferrsl,,$352,000,(365,300)],[109,$Deferrs,,$(325,700),(39,600],[110,$Budget Anendnent,$40,000,,400],[111,$closing entry,$(7,342,400),,(7,342,000)],[112,$closing entry,,$(7,342,000),0],[$Estinated Revenues$-$Taoces$-$Sales,,,$],[102,$Budget Authorizstion,$754,950,,754,950],[103,$Received in cash,,$727,600,27,350],[110,$Budget Anendnent,$(25,530),,320],[111,$Closing Entm,$(728,420),,(727,600)],[112,$Closing Entry,,$(727,600),0],[$Estinated Revenues$-$Interest and Penalties on Taoves,,,$],[102,$Budget Authorization,$43,250,,43,250],[104,$Previous Deferrsl,,$23,500,24,750],[110,$Budget Anendnent,$(25,170),,(420)],[111,$closing Entry,$(23,050),,(23,500)],[112,$Closing Entry,,$(23,500),0],[$Estinated Revenues$-$Licenses and Perrits,,,$],[102,$Budget Authorization,$479,450,,479,450],[103,$Received in Cash,,$472,050,7,400],[111,$closing Entry,$(479,450),,(472,050)],[112,$closing Entry,,$(472,050),0],[$Estinated Revenues$-$Fines and Forfeits,,,$],[102,$Budget Authorization,$505,250,,505,250],[103,$seceived in Cash,,$511,750,(5,500)],[111,$closing Entry,$(505,250),,(511,750],[112,$Closing Entry,,$(511,750),0],[$Estinated Revenues$-$Intergovernnental Revenue,,,$],[102,$Budget Authorization,$525,250,,525,250],[103,$Previous Deferrsl,,$30,200,495,050],[103,$Received in Cash,,$505,250,(11,200)],[110,$Budget Anendnent,$11,370,,670],[111,$closing Entry,$(537,120),,(535,450)],[112,$closing Entry,,$(535,450),0],[$Estinated Revenues$-$Charges for Services,,,$],[102,$Budget Authorization,$349,500,,349,500],[103,$Received in Cash,,$351,650,(12,150)],[110,$Budget Anendnent,$11,530,,(620\}],[111,$closing Entry,$(351,030),,(361,650)],[112,$Closing Entry,,$(351,650),0],[$Estinated Revenues$-$ftiscellaneous Revenues,,,$],[102,$Budget Authorization,$225,000,,225,000],[103,$Received in Cash,,$233,375,(7,375)],[111,$Closing Entry,$(225,000),,(233,375)],[112,$closing Entry,,$(233,375),0]]$