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Financial Statement Prepare the Balance Sheet for the Debt Service fund for the Village of Earl as of June 30, 2020 using the trial
Financial Statement Prepare the Balance Sheet for the Debt Service fund for the Village of Earl as of June 30, 2020 using the trial balance provided below: Account Title Cash Matured Notes Payable Matured Interst Payable 3 Estimated other Financing Sources 4 Estimated Revenues 5 Appropriations 6 Budgetary Fund Balance 7 Revenues 18 Expenditures-Debt Service Principal 19 Expenditures-Debt Service Interest Village of Earl Debt Service Fund Adjusted Trial Balance 6/30/20 Debit Credit $22,000 10,000 3,600 10,000 18,000 27,600 400 20,000 20,000 + 7,600 20 Other Financing Sources-Transfer from General Fund 10,000 21 Other Financing Sources-Transfer from Capital Project Fund 6,000 22 23 24 $77,600 $77,600 25
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