Prepare a closing worksheet similar to the closing worksheets you prepared in previous accounting classes at year-end except this is for the general fund instead of for a company. To prepare the worksheet, you would list the accounts on the left in chart of accounts order. Then, you would put the amounts in a debit or credit column. The trial balance in the original problem is just fine except that the accounts are not quite in chart of accounts order. A worksheet does not have dollar signs and it does not have headings in the list of accounts like "assets." It just has a list of accounts. After you have put the amounts for the trial balance into either a debit or credit column, you will use two more columns, debit and credit, for the amounts for the accounts used in the statement of revenues expenditures and changes in fund balance. You do not have to list the account names again, just put the numbers on the same line. You will then have two more column for the information for the balance sheet.

Condesed Statement of Revenues, Expenditures and other changes Year Ending December 31 2020
Details	Amount
revenue	$760,000
less expenditure	$530,000
excess of revenue	$230,000
other financing
bonds proceeds	$300,000
tranfer in	$50,000
transfer out	$(470,000)
total other funding source	$(120,000)
change in fund balance	$110,000
Begining fund balance	$170,000
Ending Fund balance	$280,000
Condensed Balance Sheet Year Ending December 31, 2020
		Details	Amount
Assets
Cash	$30,000
Investments	$410,000
Taxes recievable	$220,000
Due from capital project funds	$60,000
Total Assets	$720,000
Liabilities and Fund balance
accounts payable	$90,000
vouchers payable	$180,000
contracts payable	$90,000
due to debt service fund	$40,000
deffered revenue	$40,000
Total liabilities	$440,000
unassiganed fund balance	$280,000
total fund balance	$280,000
Total liabilities and Fund Balance	$720,000

The following trial balance is taken from the General Fund of the City of Jennings for the year ending December 31, 2017. Prepare a condensed statement of revenues, expenditures, and other changes in fund balance and also prepare a condensed balance sheet. Debit Credit $ 90,000 $ 30,000 90,000 40,000 60,000 40,000 530,000 170,000 Accounts Payable... Cash ........ Contracts Payable Unavailable Revenues.. Due from Capital Projects Funds. Due to Debt Service Funds..... Expenditures .. Fund Balance-Unassigned Investments Revenues. Other Financing Sources-Bond Proceeds Other Financing Sources-Transfers In Other Financing Uses-Transfers Out.. Taxes Receivable... Vouchers Payable. Totals... 410,000 760,000 300,000 50,000 470,000 220,000 180,000 $1,720,000 $1,720,000