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 scal year ended June 30, 2017. Postclosing Transactions Postclosing Trial Balance July 1, 2016, Trial Balance June 30, 2016 to June 30, 2017 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 transactionlevent, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet (>9 mm General Journal m Credit ln ___ ___ ___ I___ - Allowance for Uncollectible Taxes 5,600 Taxes Receivable 1,291,600 Expenditures Control 1,227,000 Accounts Payable 1,227,000 ___ I_ ___ ___ I_ ___ ___ I_- ___ - v