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.As of the beginning of a certain year, the Automotive Senise Fund of the City of Carkton had be followins post-cloting trial balance as of

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.As of the beginning of a certain year, the Automotive Senise Fund of the City of Carkton had be followins post-cloting trial balance as of Sebtember in in. Dur eccurnod: 1. Employees were peid $300,000 waben in canh; sdditional waees of $33,500 =eere withbeld for foderal income and social sectrily twes. The employer's thare of socinl security tuxet amorated to $23,375. 2 Cash reminted to the foderd governeent dering the year for withholding taxes and rocial security taues amounied to $65,500. 3. Utility bills rocelved from the City's Ulisty Fubd darisg the year amountod to $23,500. 4. Office expenses pald in canb during the year amoumied to $10,500. 5. Servise stupplies purchased cen accoest during the year totaled $157.500. 6. Perts and rupplies uned during the year lotiled $51,300 (at cont). 7. Charget to depertments durits the flucal year were an follow: 8. Unpald belaseces at year-ead were an follows: 9. Faymente to the Utility Fund totaled $21.800. 10. Aecounts Feyble at year-ed aecunted to 513,250 . 11. Anmal depreclation is recorded at the following ratex. 12. Revenue and expense acoosats for the year wete closed. at. Prepere a Statement of Revenues, Expensec, asd Chases in Retained Earnings for the year, Classify expenses as to decect and indirest costs. Wabrs aed payroll taxes are conulifered to be 90 pervent direct and 10 percent indifret. Utility nervices are cests are coneidered indirect conts. uner charpet are intereded to cover ali epenaling expenues, inctuding depeteiation, but are not expected to provide = oet income is extesa of 3 perchet of betings to departments

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