The following account balances, among others, were included in the preclosing trial balance of the General Fund of the City of Madison on December 31, 2021.

Appropriations $3,375,000

Cash 285,000 Due to Other Funds 100,000

Due from Other Funds 250,000

Encumbrances 345,000

Estimated Revenue 3,817,000

Expenditures 3,020,000

Expenditures2015 296,000

Fund BalanceAssigned (Encumbrances) 692,000*

Revenue 3,656,000

Taxes Receivable 600,000

Transfers from Other Funds 300,000

Transfers to Other Funds 580,000

Fund BalanceUnassigned 687,000

Vouchers Payable 400,000

* $330,000 are for encumbrances from 2020

Using the entries above prepare the following:

Part A - Prepare the pre-closing trail balance and the closing entries for 12/31/21

Part B- Prepare the balance sheet for 12/31/21

Part C- Prepare the statement of revenues expenditures, and changes in fund balance for 12/31/21