The City of Morganville Had the Following Pre-Closing Account Balances

The City of Morganville had the following pre-closing account balances in its General Fund as of April 30, 2017. Debits and credits are not separated; each account had its "normal" balance. Among the expenditures recorded this year is an amount expended on supplies ordered at the end of the previous year. Assume that encumbrances do not lapse and that the City failed to make the journal entrys) necessary to re-establish the encumbrance in the current year.
Required:
a) Prepare all entries necessary to close the General Fund of the City of Morganville.
b) Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the General Fund for the City of Morganville for the Year Ended April 30, 2017. End with the ending fund balance. This is the GAAP operating statement.
$\begin{array}{lr}\text { Cash } & \$ 75,000 \\\text { Estimated Revenues Control } & 5,900,000 \\\text { Revenues Control } & 5,900,000 \\\text { Appropriations Control } & 5,750,000 \\\text { Estimated Other Financing Sources Control } & 250,000 \\\text { Other Financing Uses Control-Transfers Out } & 375,000 \\\text { Expenditures Control } & 5,275,000 \\\text { Taxes Receivable } & 785,000 \\\text { Fund Balance-Unassigned 5/1/2016 } & 610,000 \\\text { Estimated Other Financing Uses Control } & 500,000 \\\text { Vouchers Payable } & 135,000 \\\text { Encumbrances Control } & 29,000 \\\text { Budgetary Fund Balance -- Reserve for Encumbrances } & 29,000 \\\text { Other Financing Sources Control-Transfers In } & 135,000 \\\text { Budgetary Fund Balance debit) } & 100,000\end{array}$