E 20-14 Governmental fund reconciliation to total net position The postclosing trial balance for the Village of Alantown general fund at June 30, 2016, shows the following ledger account balances:

Debits Cash $410,000 Investments 300,000 Tax receivable—delinquent 150,000 Accounts receivable 30,000 Supplies inventory 60,000 Total debits $950,000 Credits Allowances for uncollectible taxes—delinquent $10,000 Vouchers payable 140,000 Revenue collected in advance 40,000 Note payable (short-term) 150,000 Fund balance—committed 90,000 Fund balance—unassigned 520,000 Total credits $950,000 704 CHAPTER 20 ADDITIONAL INFORMATION