The Village of Seaside Pines prepared the following General Fund Trial Balance as of December 31, 2017, the last day of its fiscal year. Control accounts are used for budgetary entries. Credits s 19,000 12,000 494.000 5,000 Deblts Accounts Payable Allowance for Uncollectible Taxes Appropriations (Control) Budgetary Fund Balance $175,000 Deferred In Due from Capital Projects Fund Due to Debt Service Fund Encumbrances Estimated Revenue (Control) Estimated Other Financing Uses (Control) flows-Propertv Taxes 38.000 5,000 17,000 63,000 534,000 35,000 195,000 55,000 491,000 Other Revenues Property Tax Revenue Public Safety Expenditures Budgetary Fund Balance- 238,000 Reserve for Encumbrances Supplies Inventory Tax Anticipation Note Payable Taxes Receivable Transfer Out (to Internal Service Fund) Fund Balance 63,000 24,000 100,000 202,000 33,000 140,000 $1.469.000 Totals 1. Prepare the closing entries for December 31. (ltis not necessary to use control accounts and subsidiary ledgers.)