3. Following is the adjusted trial balance for the General Fund of the Township of Whitt as of June 30, 2020, the end of the fiscal year. Prepare (a) a balance sheet and (b) a statement of revenues, expenditures, and changes in fund balance.

Township of Whitt General Fund Adjusted Trial Balance June 30, 2020

Cash $ 6,200

Taxes receivable 40,000

Investments 65,000

Vouchers payable $ 38,750

Tax anticipation notes payable 12,750

Unassigned fund balance 57,000

Estimated revenues 101,000

Appropriations 99,000

Budgetary fund balance 2,000

Revenuestaxes 100,000

Revenuesother 2,080

Expenditures--personal services 94,700

Expendituressupplies 4,680