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?
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
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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