Make separate balance sheets for each of the four funds in 16-40 using financial statement or columnar form. No totals column is needed but Fund balance categories should be displayed.

40. The following unadjusted trial balances are for the governmental funds of the City of Copeland. Page 787 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 Debt Service Fund Debit Credit Cash Investments Taxes Receivable Due from General Fund Fund Balance-Committed Revenues $ 8,000 51,000 11,000 10,000 $ 45,000 20,000 90,000 Other Financing Sources-Operating Transfers In Expenditures Totals 75,000 $ 155,000 $155.000 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 Cash $ 14,000 41,000 4,000 $ 25,000 Taxes Receivable Inventory of Supplies Vouchers Payable Grant Revenues Collected in Advance Fund Balance-Nonspendable Encumbrances Outstanding 3,000 4,000 3,000 19,000 56,000 48.000 3,000 Fund Balance-Unassigned Revenues Expenditures Encumbrances Estimated Revenues Appropriations Budgetary Fund Balance Totals 75,000 60,000 15,000 $ 185,000 $ 185,000 Based on the information presented for each of these governmental funds, answer the following questions: Page 788 a. How much more money can city officials expend or commit from the general fund during the remainder of the current year without amending the budget? b. Why does the capital projects fund have no construction or capital asset accounts? c. What does the $150,000 Appropriations balance found in the capital projects fund represent? d. Several funds have balances for Encumbrances and Encumbrances Outstanding. How will these amounts be accounted for at the end of the fiscal year? e. Why does the Fund Balance-Unassigned account in the capital projects fund have a zero balance? f. What are possible explanations for the $150,000 Other Financing Sources balance found in the capital projects fund? g. What does the $75,000 balance in the Expenditures account of the debt service fund represent? h. What is the purpose of the Special Assessments Receivable found in the capital projects fund? i. In the special revenue fund, what is the purpose of the Fund Balance-Nonspendable account? j. Why does the debt service fund not have budgetary account balances