E 20-9 Preparation of fund balance sheet A general ledger trial balance at June 30, 2013, for Millar City is as follows:

Debits Credits Cash $12,000 —

Taxes receivable 30,000 —

Allowance for uncollectible taxes — $2,000 Due from other funds 3,000 —

Supplies inventory, June 30, 2013 4,000 —

Estimated revenues 300,000 —

Expenditures 290,000 —

Expenditures—prior year 5,000 —

Encumbrances 6,000 —

Vouchers payable — 13,000 Due to other funds — 5,000 Reserve for encumbrances — 6,000 Reserve for encumbrances—prior year — 5,000 Fund balance—nonspendable — 4,000 Fund balance—unassigned — 10,000 Appropriations — 300,000 Revenues — 305,000

$650,000 $650,000 Millar City uses a purchases basis in accounting for supplies. Open encumbrances are considered constrained by the highest decision-making level of the city.

REQuIRED: Prepare a fund balance sheet as of June 30, 2013.