(Financial Statement Preparation-City of Savannah, Georgia) Presented on the following page is the Preclosing Trial Balance for the City of Savannah, Georgia's General Fund as of December 31, 20X6 (with amounts in thousands). Assume the following:

• Outstanding encumbrances as of December 31, 20X6, all related to activities financed from resources available for general purposes, are $1,157.

• Receivables are reported at net amounts on the balance sheet.

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City of Savannah, Georgia General Fund Preclosing Trial Balance December 31, 20X6 (in thousands) Cash and investments. Restricted cash and investments Taxes receivable... Allowance for uncollectible accounts. Due from other funds.. .... Intergovernmental receivables Prepaid items... Accounts payable Accrued liabilities. Due to other funds Escrow deposits payable Deferred revenue Fund balance .... Property tax revenue Sales tax revenues. Business tax revenue Penalties/interest on delinquent taxes Licenses/permits revenue... Inspection fees..... Intergovernmental revenues Charges for services Fines and forfeitures.. Investment income Debit $59,800 3,467 14,849 2,671 40 Credit $ 707 3,260 1,896 42,813 3,467 8,778 18,072 65,163 47,082 7,691 746 1,442 2,941 2,438 22,745 3,854 2,691