Assets Debit Credit Cash 214,320 Investments 491,000 Taxes receivable- delinquent 2,810 Allowance for uncollectible delinquent -5,800 Interest and penalities receivable on taxes 18,000 Allowance for uncollectible interest and penalities -3,500 14,500 Total assets 716,830 Liabilities Deferred revenues 102,000 Fund balance Total liabilities and fund balance 102,000