The preclosing trial balance at December 31, 20X1, for Lone Wolfs general fund follows.

	Debit			Credit
Cash	$	93,000
Property Taxes ReceivableDelinquent		116,800
Allowance for UncollectiblesDelinquent				$	7,000
Due from Other Funds		14,100
Vouchers Payable					69,000
Due to Other Funds					8,900
Fund BalanceUnassigned					123,000
Property Tax Revenue					1,145,000
Miscellaneous Revenue					36,000
Expenditures		1,135,000
Other Financing UsesTransfer Out		30,000
Estimated Revenues Control		1,221,000
Appropriations Control					1,145,000
Estimated Other Financing UsesTransfer Out					30,000
Encumbrances		39,000
Budgetary Fund BalanceAssigned for Encumbrances					39,000
Budgetary Fund BalanceUnassigned					46,000
Total	$	2,648,900			$ 2,648,900

a.	Prepare the closing entries for the general fund. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

b.	Prepare a general fundonly balance sheet at December 31, 20X1. (Follow the same sequence shown in the problem statement to select the appropriate answers. Amounts to be deducted should be indicated with minus sign.)