create a post closing Balance Sheet.

this is what I got. I need to make the following adjustments but I am having a hard time.

General Fund Debit Credit $ 19,000 202,000 Cash Taxes Receivable Allowance for Uncollectible Taxes Vouchers Payable Due to Debt Service Fund Unavailable Revenues Encumbrances Outstanding Fund Balance-Unassigned Revenues Expenditures Encumbrances Estimated Revenues Appropriations Budgetary Fund Balance Totals $ 2.000 24,000 10,000 16.000 9.000 103,000 176.000 110,000 9.000 190,000 171.000 19.000 $530,000 $530,000 Debit Credit Debt Service Fund $ 8.000 51.000 11.000 10.000 Cash Investments Taxes Receivable Due from General Fund Fund Balance-Committed Revenues Other Financing Sources-Operating Transfers In Expenditures Totals $ 45,000 20.000 90.000 75,000 $155.000 $ 155,000 0 Debit Credit $ 70,000 90,000 Capital Projects Fund Cash Special Assessments Receivable Contracts Payable Unavailable Revenues Encumbrances Outstanding Fund Balance-Unassigned Other Financing Sources Expenditures Encumbrances Estimated Other Financing Sources Appropriations Totals $ 50,000 90,000 16,000 -0- 150,000 130.000 16,000 150,000 150.000 $456,000 $456.000 Debit Credit Special Revenue Fund $ 14,000 41.000 4.000 Cash Taxes Receivable Inventory of Supplies Vouchers Payable Grant Revenues Collected in Advance Fund Balance-Nonspendable Encumbrances Outstanding Fund Balance-Unassigned Revenues Expenditures Encumbrances Estimated Revenues Appropriations Budgetary Fund Balance Totals $ 25,000 3.000 4,000 3.000 19.000 56.000 48.000 3,000 75,000 60,000 15.000 $185.000 $ 185.000 B D E F 70.000 $ 19,000 $ 202000 8,000 $ 11000 14,000 41000 90000 4000 + 10000 51000 80,000 221,000 160,000 59,000 $ 25 000 19000 Assets Cash Taxes Receivable Special Assessments Recivable Inventory of Supplies Due from General Fund Investments Total Assets Liabilties Voucher Payable $ Fund Balance-Unassigned - Due to Service Fund 3 Allowance for Uncollectible taxes Unavailable Revenue 20 Net Profiti(Loss) 21 Fund Balance committed 22 OFS- Transfer in 28 Contracts Payable 24 Grant Revenues Collected In Advance 25 Fund Balance-Nonspendable 26 Total Liabilties 27 28 24,000 103000 10000 2000 16000 66000 90000 -180000 8000 -55000 45000 90000 150000 50000 3000 4000 59,000 221,000 $ 80,000 160,000 $ The Allowance for uncollectible taxes would not be shown in the liabilities section. It is a contra- asset account that reduces the total assets and would be shown right after the taxes receivable account. The liabilities would all be listed before you list any of the fund balance categories. Right now you have liabilities and fund balance accounts in the General fund mixed together. The balance sheet shows the total fund balance on the balance sheet date -- not the fund balance from the previous balance sheet or the change in fund balance from the statement of revenues expenditures and changes in fund balance. Most of the fund balance in the General fund would be shown as "unassigned." Because there was an outstanding purchase order at year end that eventually will require payment. 9,000 of the General Fund balance should be shown as "assigned" or "committed." You want to remove the statement of revenues expenditures and changes in fund balance information from the other funds and show just the ending total fund balance in the correct categories. Therefore, accounts such as other financing sources would not be listed on the balance sheet. The account in the Special revenue fund called grant revenues collected in advance is like an unearned revenue account and it would be treated like a fiability. General Fund Debit Credit $ 19,000 202,000 Cash Taxes Receivable Allowance for Uncollectible Taxes Vouchers Payable Due to Debt Service Fund Unavailable Revenues Encumbrances Outstanding Fund Balance-Unassigned Revenues Expenditures Encumbrances Estimated Revenues Appropriations Budgetary Fund Balance Totals $ 2.000 24,000 10,000 16.000 9.000 103,000 176.000 110,000 9.000 190,000 171.000 19.000 $530,000 $530,000 Debit Credit Debt Service Fund $ 8.000 51.000 11.000 10.000 Cash Investments Taxes Receivable Due from General Fund Fund Balance-Committed Revenues Other Financing Sources-Operating Transfers In Expenditures Totals $ 45,000 20.000 90.000 75,000 $155.000 $ 155,000 0 Debit Credit $ 70,000 90,000 Capital Projects Fund Cash Special Assessments Receivable Contracts Payable Unavailable Revenues Encumbrances Outstanding Fund Balance-Unassigned Other Financing Sources Expenditures Encumbrances Estimated Other Financing Sources Appropriations Totals $ 50,000 90,000 16,000 -0- 150,000 130.000 16,000 150,000 150.000 $456,000 $456.000 Debit Credit Special Revenue Fund $ 14,000 41.000 4.000 Cash Taxes Receivable Inventory of Supplies Vouchers Payable Grant Revenues Collected in Advance Fund Balance-Nonspendable Encumbrances Outstanding Fund Balance-Unassigned Revenues Expenditures Encumbrances Estimated Revenues Appropriations Budgetary Fund Balance Totals $ 25,000 3.000 4,000 3.000 19.000 56.000 48.000 3,000 75,000 60,000 15.000 $185.000 $ 185.000 B D E F 70.000 $ 19,000 $ 202000 8,000 $ 11000 14,000 41000 90000 4000 + 10000 51000 80,000 221,000 160,000 59,000 $ 25 000 19000 Assets Cash Taxes Receivable Special Assessments Recivable Inventory of Supplies Due from General Fund Investments Total Assets Liabilties Voucher Payable $ Fund Balance-Unassigned - Due to Service Fund 3 Allowance for Uncollectible taxes Unavailable Revenue 20 Net Profiti(Loss) 21 Fund Balance committed 22 OFS- Transfer in 28 Contracts Payable 24 Grant Revenues Collected In Advance 25 Fund Balance-Nonspendable 26 Total Liabilties 27 28 24,000 103000 10000 2000 16000 66000 90000 -180000 8000 -55000 45000 90000 150000 50000 3000 4000 59,000 221,000 $ 80,000 160,000 $ The Allowance for uncollectible taxes would not be shown in the liabilities section. It is a contra- asset account that reduces the total assets and would be shown right after the taxes receivable account. The liabilities would all be listed before you list any of the fund balance categories. Right now you have liabilities and fund balance accounts in the General fund mixed together. The balance sheet shows the total fund balance on the balance sheet date -- not the fund balance from the previous balance sheet or the change in fund balance from the statement of revenues expenditures and changes in fund balance. Most of the fund balance in the General fund would be shown as "unassigned." Because there was an outstanding purchase order at year end that eventually will require payment. 9,000 of the General Fund balance should be shown as "assigned" or "committed." You want to remove the statement of revenues expenditures and changes in fund balance information from the other funds and show just the ending total fund balance in the correct categories. Therefore, accounts such as other financing sources would not be listed on the balance sheet. The account in the Special revenue fund called grant revenues collected in advance is like an unearned revenue account and it would be treated like a fiability