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Presented below is the preclosing trial balance for the Scholarship Fund, a private-purpose trust fund of the Algonquin SchooView transaction list Journal entry worksheet Record the year-end closing entry for the fund. Note: Enter debits before crediGeneral Journal Statement of Changes Prepare the Statement of Changes in Fiduciary Net Position for the year ended December 3

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Event General Journal Debit credit f fooo Deductions investment earnings-net Decrease in fair-value investment Dedections - Aposition ALGONQUIN SCHOOL DISTRICT Statement of changes in fiduciary Net - Scholarship Trust Fund For the year Ended December

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