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

	Debit			Credit
Cash	$	94,000
Property Taxes ReceivableDelinquent		118,200
Allowance for UncollectiblesDelinquent				$	7,100
Due from Other Funds		14,300
Vouchers Payable					63,000
Due to Other Funds					8,400
Fund BalanceUnassigned					120,000
Property Tax Revenue					1,140,000
Miscellaneous Revenue					38,000
Expenditures		1,125,000
Other Financing UsesTransfer Out		25,000
Estimated Revenues Control		1,233,000
Appropriations Control					1,155,000
Estimated Other Financing UsesTransfer Out					25,000
Encumbrances		39,000
Budgetary Fund BalanceAssigned for Encumbrances					39,000
Budgetary Fund BalanceUnassigned					53,000
Total	$	2,648,500		$	2,648,500

Lone Wolf uses the purchase method of accounting for inventories and the lapsing method of accounting for encumbrances. Required: 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.)

Appropriations control
A		Estimated other financing usestransfer out
		Budgetary fund balanceunassigned
		Estimated revenues control
B	2	Budgetary fund balanceassigned for encumbrances
		Encumbrances
C	3	Budgetary fund balanceunassigned
		Fund balanceassigned for encumbrances
D	4	Property tax revenue
		Miscellaneous revenue
		Expenditures
		Fund balanceunassigned
E	5	Fund balanceunassigned
		Other financing usestransfer out