Exercise $4-27($Algo$)$ Operating Transactions and Financial Statements $[$LO $4-1,4-2,4-3]$

The City of Castleton$$s General Fund had the following post$-$closing trial balance at June $30,2022,$ the end of its fiscal year:

$$

$$Debits$$CreditsCash$$468,000$Sales Taxes Receivable$25,000$Taxes Receivable$$Delinquent$597,000$Allowance for Uncollectible Delinquent Taxes$$$$203,000$Interest and Penalties Receivable$27,680$Allowance for Uncollectible Interest and Penalties$12,560$Inventory of Supplies$17,500$Vouchers Payable$162,500$Due to Federal Government$73,490$Deferred Inflows of Resources$$Unavailable Revenues$456,000$Fund Balance$$Nonspendable$$Inventory of Supplies$17,500$Fund Balance$$Unassigned$210,130$$$1,135,180$$$1,135,180$

$$

Record the effect of the following transactions on the General Fund and governmental activities for the year ended June $30,2023.$

Record in general journal form entries to close the budgetary and operating statement accounts in the General Fund only.

Prepare a General Fund balance sheet as of June $30,2023.$

Prepare a General Fund statement of revenues, expenditures, and changes in fund balance for the year ended June $30,2023.$