16:

The preclosing trial balance of the General Fund for the City of Roca shows the following balances at the end of its fiscal year. Fund balance, beginning (actual) 150,000, Estimated revenues 620,000, Appropriations 610,000, Revenues (actual) 625,000, Expenditures 605,000, property taxes receivable $120,000, cash $100,000 and voucher payable $50,000. Fund balance is

a.

$10,000

b.

$22,000

c.

$70,000

d.

$20,000