P4-37. (Preparation of financial statements and interpretation of operating results) Below is the December 31, 2019 trial balance for Radnor City's General Fund. Based on this informa- tion, prepare (1) a statement of revenues, expenditures, and changes in fund balance, (2) a balance sheet, and (3)-a-budgetuy comparison schedule. Classify the fund balance as Unassigned. Then examine the bulgetary comparison schedule and write-a-whort paragraph explaining the results of the yearis-opera- tiens-in relation to the budget. 604 Account Dr. Estimated revenues-property taxes.. Estimated revenues-intergovernmental. Estimated revenues-licenses and fees Estimated revenues-fines.... Budgetary fund balance... Appropriations-general government.. Appropriations-parks and recreation $ 500.000 150.000 100.000 50,000 10,000 Appropriations-public safety $ 159,000 175,000 446,000 Appropriations-social services. 30.000 Expenditures-public safety... 441,000 Expenditures-general govemment. 150,500 Expenditures--parks and recreation 170,500 Expenditures-social services. 27,000 Cash... 35,600 Property taxes receivable.. $7,200 Tax anticipation notes payable. 10,000 Accrued interest payable 800 Revenues-property taxes. 497,000 Revenues-intergovemmental. Revenues-licenses and fees 154,000 99.000 Revenues--fines Fund balance. Vouchers payable.. 48,000 62,000 21,000 $1.701,800 $1.701,800 MBC