The December 31, 2021 trial balance for the general fund of Pasco County, before adjustments and closing entries, appears below. The general fund uses the purchases method for inventories and does not report inventories. The GAAP basis is used for encumbrances.

\begin{array}{|l|c|c|}\hline& \text { Debits } & \text { Credits } \\\hline \text { Cash } & 100,000 & \\\hline \text { Property taxes receivable } & 300,000 & \\\hline \text { Estimated revenues } & 2,600,000 & \\\hline \text { Capital outlay } & 195,000 & \\\hline \text { Encumbrances } & 20,000 & \\\hline \text { General government expenditures } & 2,000,000 & \\\hline \text { Debt service: principal } & 180,000 & \\\hline \text { Debt service: interest } & 100,000 & \\\hline \text { Due from other funds } & 140,000 & \\\hline \text { Estimated other financing sources } & 380,000 & \\\hline \text { Allowance for uncollectible property taxes } & & \$ 130,000 \\\hline \text { Accounts payable } & & 90,000 \\\hline \text { Due to other funds } & & 25,000 \\\hline \text { Property tax revenues } & & 900,000 \\\hline \text { Salestax revenues } & & 1,750,000 \\\hline \text { Transfers from other funds } & & 200,000 \\\hline \text { Proceeds from sale of property } & & 150,000 \\\hline \text { Appropriations } & & 2,500,000 \\\hline \text { Fund balance-assigned } & & 20,000 \\\hline \text { Fund balance-unassigned } & & 250,000 \\\hline \text { Totals } & \$ 6,015,000 & \$ 6,015,000 \\\hline\end{array}

The assigned fund balance relates entirely to outstanding encumbrances. Beginning encumbrances were $12,000.
Required
a. The property taxes receivable balance represents uncollected tax bills from 2021. The county estimates that 30% will be collected within 60 days, 10% will be collected within 120 days, and the rest are uncollectible. Make the necessary adjusting entry to reflect this information.
b. Prepare the closing entries for the year ended December 31, 2021.
c. Prepare the statement of revenues, expenditures and changes in fund balances for the general fund, for the year ended December 31, 2021.
d. Prepare the balance sheet for the general fund as of December 31, 2021.

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