FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Hi, I am in advanced accounting, and we are studying state and local governments. Can you help me create a balance sheet? The following unadjusted trial balance is for the governmental funds of the city of Copeland prepared from the current accounting records:  Debit       Credit

Cash                                                                     $19,000

taxes receivable                                                  202,000

allowance for uncollectible taxes                                                       $2,000

vouchers payable                                                                               24,000

due to debt service fund                                                                    10,000

unavailable revenues                                                                         16,000

encumbrances outstanding                                                                9,000

fund balance-unassigned                                                                   103,000

revenues                                                                                           176,000

expenditures                                                 110,000

encumbrances                                                9,000

estimated revenues                                      190,000

appropriations                                                                                171,000

budgetary fund balance                                     .                            19,000 

        Totals                                                   $530,000                    $530,000 

 

Can you help me create a balance sheet?                                                                             

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