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A Pre-Closing Trial Balance Included the Following Account Balances for Simpli

Question 40

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A pre-closing trial balance included the following account balances for Simpli City:
 Due from other funds $3,500 Fund balance - unassigned 14,000 Estimated revenues 20,000 Revenues 22,000 Appropriations 18,000 Expenditures - current year 19,000 Expenditures - prior year 1,500 Other Financing Source - Nonreciprocal transfer in 1,000\begin{array}{ll}\text { Due from other funds } & \$ 3,500 \\\text { Fund balance - unassigned } & 14,000 \\\text { Estimated revenues } & 20,000 \\\text { Revenues } & 22,000 \\\text { Appropriations } & 18,000 \\\text { Expenditures - current year } & 19,000 \\\text { Expenditures - prior year } & 1,500 \\\text { Other Financing Source - Nonreciprocal transfer in } & 1,000\end{array} Required:
Prepare the necessary closing entries for the General Fund.

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