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From the information below prepare Financial Statements (Mark 2) Cash 20,000 Taxes receivable, net 147,000 Investments 65,000 Due from other funds 68,000 Vouchers payable 39,000

  1. From the information below prepare Financial Statements (Mark 2)

Cash

20,000

Taxes receivable, net

147,000

Investments

65,000

Due from other funds

68,000

Vouchers payable

39,000

Due to other funds

152,750

Unassigned fund balance

117,000

Estimated revenues

610,000

Appropriations

590,000

Budgetary fund balance

20,000

Revenues-taxes

590,175

Revenues-charges for services

14,080

Expenditures-personal services

287,125

Expenditures-supplies

29,680

Expenditures-capital outlay

244,000

Transfer in from debt service fund

32,500

Transfers out to capital projects fund

84,700

0

$1,555,505

$1,555,505

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