The following information was abstracted from the accounts of the General Fund of the City of Rome after the book for the fiscal year ended June 30, 2017. Cash Taxes Receivable Allowance for Uncollectible Taxes Accounts Payable Fund Balance Postclosing Trial Balance June 30, 2016 View transaction list $515,500 30,500 $546,000 5,600 95,400 445,000 $546,000 Record the transfer of taxes receivable to revenues control account. Transactions July 1, 2016, to June 30, 2017 Record the receipt of taxes and the uncollectibles. Record the expenditures payable. Record the payment of expenditure. Record the transfer out of general fund. Record the transfer of revenue and expenditure control accounts to fund balance. Debits $1,304,000 1,343,000 5,600 1,324,900 Credits $1,337,400 1,309,600 Credit 8,000 1,240,500 82,000 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 required for a transaction/event, select "No Journal Entry Required" in the first account field.) Postclosing Trial Balance June 30, 2017 > $482,100 63,900 $546,000 8,000 11,000 527,000 $546,000