The postclosing trial balance of the general fund of the town of Pine Ridge on December 31, 20X1, is as follows:

Additional Information Related to 20X2
1. Estimated revenue consisted of property taxes, $1,584,000 from a tax levy of $1,600,000 of which 1 percent was estimated uncollectible; sales taxes, $250,000; and miscellaneous, $43,000. Appropriations totaled $1,840,000, and estimated transfers out were $37,000. Appropriations included outstanding purchase orders from 20X1 of $21,000. Pine Ridge uses the lapsing method for outstanding encumbrances.
2. Cash receipts consisted of property taxes, $1,590,000, including $83,000 from 20X1; sales taxes, $284,000; licenses and fees, $39,000; and a loan from the motor pool, $10,000. The remaining property taxes from 20X1 were written off, and those remaining from 20X2 were reclassified.
3. Orders were issued for $1,800,000 in addition to the acceptance of the $21,000 outstanding purchase orders from 20X1. A total of $48,000 of purchase orders still was outstanding at the end of 20X2. Actual expenditures were $1,788,000, including $42,000 for office furniture. Vouchers paid totaled $1,793,000.
4. Other cash payments and transfers follow:
Loan to central stores ..... $13,000
Transfer out ...... 37,000

Required
a. Prepare entries to summarize the general fund budget and transactions for 20X2.
b. Prepare a preclosing trial balance.
c. Prepare closing entries for the general fund.
d. Prepare a balance sheet for the general fund as of December 31, 20X2.
e. Prepare a statement of revenues, expenditures, and changes in fund balance for 20X2 for the generalfund.

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Debit Credit Cash Property Taxes Receivable-Delinquent Allowance for Uncollectibles-Delinquent Vouchers Payable Fund Balance Assigned for Encumbrances Fund Balance Unassigned Total $111,000 90,000 $ 9,000 31,000 21,000 140,000 $201,000 $201,000