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Prepare a balance sheet for the Street Improvement Fund as of December 31, 2020. City of Smithville Street Improvement Fund Post-closing Trial Balance For year
Prepare a balance sheet for the Street Improvement Fund as of December 31, 2020.
| City of Smithville | |||
| Street Improvement Fund | |||
| Post-closing Trial Balance | |||
| For year 2020 | |||
| Debits | Credits | ||
| Cash | $ 9,470 | ||
| Fund Balance-Restricted | $ 9,470 | ||
| Encumbrances Outstanding-Spruce Street Project | 190,000 | ||
| Encumbrances-Spruce Street Project | 190,000 | ||
| Totals for all accounts | $ 199,470 | $ 199,470 | |
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1st Edition
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