Prepare a balance sheet for the Street Improvement Bond Debt Service Fund as of December 31, 2021.

Hint: balance sheet - total assets 657,607 liabilities/deferred inflows/ fund balances 657,607

City of Smithville
Street Improvement Bond Debt Service Fund
Post-closing Trial Balance
For year 2021
		Debits	Credits
Cash		$ 311,687
Taxes Receivable-Delinquent		45,000
Allowance for Uncollectible Delinquent Taxes			$ 20,000
Interest and Penalties Receivable on Taxes		3,600
Allowance for Uncollectible Interest and Penalties			180
Investments		317,500
Deferred Inflows of Resources			8,124
Fund Balance-Restricted			649,483
Totals for all accounts		$ 677,787	$ 677,787