The finance director for the City of Green Falls printed the General Fund Revenues and Appropriations Ledgers shown below for the year just ended. REVENUES LEDGER Ref. Account Description Est. Revenues Dr(Cr) Revenues Cr(Dr) Balance Dr(Cr) Estimated RevenuesTaxesReal Property 102 Budget Authorization 6,452,400 6,452,400 103 Accrued Revenue 6,455,000 (2,600 ) 104 Previous Deferral 345,000 (347,600 ) 109 Deferral (308,000 ) (39,600 ) 110 Budget Amendment 40,000 400 111 Closing entry (6,492,400 ) (6,492,000 ) 112 Closing entry (6,492,000 ) 0 Estimated RevenuesTaxesSales 102 Budget Authorization 736,250 736,250 103 Received in Cash 710,600 25,650 110 Budget Amendment (25,000 ) 650 111 Closing Entry (711,250 ) (710,600 ) 112 Closing Entry (710,600 ) 0 Estimated RevenuesInterest and Penalties on Taxes 102 Budget Authorization 46,550 46,550 104 Previous Deferral 21,800 24,750 110 Budget Amendment (25,000 ) (250 ) 111 Closing Entry (21,550 ) (21,800 ) 112 Closing Entry (21,800 ) 0 Estimated RevenuesLicenses and Permits 102 Budget Authorization 460,750 460,750 103 Received in Cash 455,050 5,700 111 Closing Entry (460,750 ) (455,050 ) 112 Closing Entry (455,050 ) 0 Estimated RevenuesFines and Forfeits 102 Budget Authorization 489,250 489,250 103 Received in Cash 493,050 (3,800 ) 111 Closing Entry (489,250 ) (493,050 ) 112 Closing Entry (493,050 ) 0 Estimated RevenuesIntergovernmental Revenue 102 Budget Authorization 508,250 508,250 103 Previous Deferral 28,500 479,750 103 Received in Cash 489,250 (9,500 ) 110 Budget Amendment 10,000 500 111 Closing Entry (518,250 ) (517,750 ) 112 Closing Entry (517,750 ) 0 Estimated RevenuesCharges for Services 102 Budget Authorization 332,500 332,500 103 Received in Cash 342,950 (10,450 ) 110 Budget Amendment 10,000 (450 ) 111 Closing Entry (342,500 ) (342,950 ) 112 Closing Entry (342,950 ) 0 Estimated RevenuesMiscellaneous Revenues 102 Budget Authorization 209,000 209,000 103 Received in Cash 215,175 (6,175 ) 111 Closing Entry (209,000 ) (215,175 ) 112 Closing Entry (215,175 ) 0 APPROPRIATIONS LEDGER Ref. Account Description Enc. Increase Enc. Decrease Enc. Balance Exp. Dr(Cr) Exp. Balance Approp. Cr(Dr) Balance Cr(Dr) AppropriationsGeneral Government 102 Budget Authorization 1,809,750 1,809,750 103 Purchase Orders 375,250 375,250 1,434,500 106 Payroll 1,430,376 1,430,376 4,124 107 Elimination 374,420 830 378,544 107 Goods Received 376,300 1,806,676 2,244 109 Utilities and Other 11,000 1,817,676 (8,756 ) 110 Budget Amendment 10,000 1,244 111 Closing Entry (1,819,750 ) (1,818,506 ) 112 Closing Entry (1,817,676 ) 0 (830 ) AppropriationsPublic Safety 102 Budget Authorization 3,491,250 3,491,250 103 Purchase Orders 1,040,250 1,040,250 2,451,000 106 Payroll 2,407,644 2,407,644 43,356 107 Elimination 1,034,950 5,300 1,078,306 107 Goods Received 1,035,000 3,442,644 43,306 109 Utilities and Other 39,000 3,481,644 4,306 110 Budget Amendment (10,000 ) (5,694 ) 111 Closing Entry (3,481,250 ) (3,486,944 ) 112 Closing Entry (3,481,644 ) 0 (5,300 ) AppropriationsPublic Works 102 Budget Authorization 1,686,250 1,686,250 103 Purchase Orders 936,460 936,460 749,790 106 Payroll 763,481 763,481 (13,691 ) 107 Elimination 919,220 17,240 905,529 107 Goods Received 918,990 1,682,471 (13,461 ) 110 Budget Amendment 10,000 (3,461 ) 111 Closing Entry (1,696,250 ) (1,699,711 ) 112 Closing Entry (1,682,471 ) 0 (17,240 ) AppropriationsHealth and Welfare 102 Budget Authorization 1,011,750 1,011,750 103 Purchase Orders 632,435 632,435 379,315 106 Payroll 379,673 379,673 (358 ) 107 Elimination 632,435 0 632,077 107 Goods received 632,005 1,011,678 72 111 Closing Entry (1,011,750 ) (1,011,678 ) 112 Closing Entry (1,011,678 ) 0 0 AppropriationsCulture and Recreation 102 Budget Authorization 1,026,000 1,026,000 103 Purchase Orders 593,870 593,870 432,130 106 Payroll 436,864 436,864 (4,734 ) 107 Elimination 586,645 7,225 581,911 107 Goods Received 589,000 1,025,864 (7,089 ) 111 Closing Entry (1,026,000 ) (1,033,089 ) 112 Closing Entry (1,025,864 ) 0 (7,225 ) AppropriationsMiscellaneous 102 Budget Authorization 99,750 99,750 103 Purchase Orders 98,000 98,000 1,750 107 Elimination 98,000 0 99,750 107 Goods Received 98,000 98,000 1,750 109 Utilities and Other 10,000 108,000 (8,250 ) 111 Closing Entry (99,750 ) (108,000 ) 112 Closing Entry (108,000 ) 0 0 The beginning-of-the-year fund balance was $158,260. Estimated and actual Other Financing UsesInterfund Transfers Out totaled $50,000. Required 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. What are the amounts of encumbrances outstanding at year-end? 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. 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

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.)

Worksheet	Fund	General Journal	Debit	Credit
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	Appropriationsselected answer correct	not attempted	not attempted
		Estimated Other Financing Usesselected answer correct	51,900selected answer incorrect	not attempted
		Budgetary Fund Balanceselected answer correct	181,800selected answer incorrect	not attempted
		Estimated Revenuesselected answer correct	not attempted	10,316,550selected answer incorrect
2		Revenuesselected answer correct	10,321,875selected answer incorrect	not attempted
		Fund BalanceUnassignedselected answer correct	not attempted	191,122selected answer incorrect
		Expendituresselected answer correct	not attempted	10,078,853selected answer incorrect
		Other Financing Usesselected answer correct	not attempted	51,900

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?

CITY OF GREEN FALLS
Encumbrances Ledger
Account/Description	Encumbrances Increase Dr	Encumbrances Decrease Cr	Encumbrances Balance Dr(Cr)
General Government	not attempted	not attempted
Public Safety	not attempted	not attempted
Public Works	not attempted	not attempted
Culture and Recreation	not attempted	not attempted

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.

CITY OF GREEN FALLS
General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For the Year Ended
Revenues
not attempted	not attempted	not attempted
not attempted	not attempted	not attempted
not attempted	not attempted	not attempted
not attempted	not attempted	not attempted
not attempted	not attempted	not attempted
not attempted	not attempted	not attempted
not attempted	not attempted	not attempted
not attempted	not attempted	not attempted
not attempted	not attempted	not attempted
Total Revenues		0
Expenditures
not attempted	not attempted
not attempted	not attempted
not attempted	not attempted
not attempted	not attempted
not attempted	not attempted
not attempted	not attempted
not attempted	not attempted
Total Expenditures		0
Excess of Revenues over Expenditures		0
Other Financing Sources (Uses)
not attempted	not attempted
not attempted	not attempted
Total Other FInancing Sources (Uses)		not attempted
Increase in Fund Balances		not attempted
Fund Balances, January 1		not attempted
Fund Balances, December 31		$0