The following information was abstracted from the accounts of the General Fund of the City of Rome after the books had been closed for the fiscal year ended June 30, 2017.

	Postclosing Trial Balance June 30, 2016					Transactions July 1, 2016, to June 30, 2017							Postclosing Trial Balance June 30, 2017
						Debits				Credits
Cash		$	500,200			$	1,286,000			$	1,321,200			$	465,000
Taxes Receivable			29,000				1,326,800				1,291,600				64,200
		$	529,200											$	529,200
Allowance for Uncollectible Taxes			5,600				5,600				7,400				7,400
Accounts Payable			93,600				1,307,800				1,227,000				12,800
Fund Balance			430,000								79,000				509,000
		$	529,200											$	529,200

There were no transfers into the General Fund, but there was one transfer out. Prepare journal entries to record the transactions for the fiscal year ended June 30, 2017. Include closing entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

ournal entry worksheet

• Record the transfer of taxes receivable to revenues control account.

Note: Enter debits before credits.

Event	General Journal	Debit	Credit
1

Journal entry worksheet

• Record the receipt of taxes and the uncollectibles.

Note: Enter debits before credits.

Event	General Journal	Debit	Credit
2

Journal entry worksheet

• Record the expenditures payable.

Note: Enter debits before credits.

Journal entry worksheet

• Record the payment of expenditure.

Note: Enter debits before credits.

Event	General Journal	Debit	Credit
4

Journal entry worksheet

• Record the transfer out of general fund.

Note: Enter debits before credits.

Event	General Journal	Debit	Credit
5

Journal entry worksheet

• Record the transfer of revenue and expenditure control accounts to fund balance.

Note: Enter debits before credits.

Event	General Journal	Debit	Credit
6