The Village of Seaside Pines prepared the following enterprise fund Trial Balance as of December 31, 2009, the last day of its fiscal year. The enterprise fund was established this year through a transfer from the General Fund. Debits Credits Accounts payable 110,000 Accounts receivable 102,000 Accrued interest payable 4,000 Accumulated depreciation 45,000 Administrative and selling expenses 175,000 Allowance for uncollectible accounts 12,000 Capital assets 550,000 Cash 95,000 Charges for sales and services 503,000 Cost fo sales and services 347,000 Depreciation expense 45,000 Due from General Fund 40,000 Interest expense 18,000 Interest revenue 28,000 Transfer in from General Fund 202,000 Revenue bonds payable 475,000 Supplies inventory 7,000 Totals 1,379,000 1,379,000 Prepare the closing entries for December 31