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Below you will find a postclosing trial balance for the City of Springfield's General Fund (for the year ended December 31, 2016). 000s have been

Below you will find a postclosing trial balance for the City of Springfield's
General Fund (for the year ended December 31, 2016). 000s have been omitted.
Fund Equity 77,789
Taxes Payable 5,386
Cash 72,375
Short-term Investments 5,003
Accrued wages 1,579
Accounts receivable 2,315
Accounts payable 375
Prepaid rent 3,000
Other short-term assets 5,000
Notes payable 4,200
Petty cash 1,636
Total 89,329 89,329
Requirements:
1. Prepare a Balance Sheet for the City of Springfield's General Fund for the
year ended 12/31/16.

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