HINT: Use negative signs in the last column when appropriate. Balance Sheet Cash Receivables: Real estate & personal property Intergovernmental Capital assets, net Total Assets Payables Accrued interest Bond and notes payable Compensated advances Landfill closure/postclosure care costs Deferred revenues Total Liabilities Fund Balance Adjustments: Debit Credit 147,250 $ Statement of Net Position 147,250 12,240 126,577 1 973,320 2 9,683 286,067 $14,485 12,240 126,577 983,003 $ 1,269,070 $ 14,485 53 53 8,300 8,300 22,334 22,334 27,629 27,629 144,230 5 137,600 0 6 6,630 158,715 6A 72,801 $127,352 3 7 7,000 20,366 973,320 1 137,600 5 00 8 9 20 27,629 calculated below 1,055,905 x Net income adjustments Fund balance (adjusted) Total liabilities and fund balances 286,067 Statement of Revenues, Expenditures and Changes in Fund Balances Debit Total revenue $541,008 Credit 6,630 Total expenditures 521,057 Adjustments: Debt principal payments Depreciation/capital outlay Compensated absences Interest expense $ 1,165,935 x 0 x Statement of Activities 547,638 521,057 700 (700) 2 49,416 59,099 (9,683) 7 1,968 1,968 8 00 33 33 1,081,079 x Total expenses Misc. adjustments Proceeds from bonds 2,000 2,000 0 Excess (Deficiency) of Revenues over Expenditures/Change in Net Position $21,951 $ 53,417 $ 66,429 0 %