(Preparation of governmental funds balance sheet)

Teds Village has five governmental funds: a General Fund, a Debt Service Fund, and three Special Revenue Funds. It has no proprietary funds. The following information is available at December 31, 2019 for each of the funds. First, determine which of the funds are major funds. Then, prepare a balance sheet in the appropriate format, showing the major funds, a total for the nonmajor funds, and a total for all governmental funds.

	General	Debt Service	Special Fund A	Special Fund B	Special Fund C
Cash	10,000	5,000	600	300	700
Tax Receivable	5,000	2,000
Accounts Payable	6,000		200	100	400
Assigned Fund Balance	1,000		400	200	300
Restricted Fund Balance		7,000
Unassigned Fund Balance	8,000
Total Revenues	52,000	6,000	2,400	1,200	3,400
Total Expenditures	48,000	5,000	2,300	1,100	3,200