Presented on the Following Page Is the Adjusted Trial Balance

Short Answer

Presented on the following page is the adjusted trial balance for the Water Enterprise Fund of the City of Whitt at December 31, 2018, the end of its fiscal year. Based on this information:
a. Prepare the entry necessary to close the accounts
b. Compute the ending fund net position balances for (1) net investment in capital assets, (2) restricted net position, and (3) unrestricted net position
(Note: Debt related to the capital assets consists solely of the City's revenue bonds payable.)