Prepare a statement of net position for the Solid Waste Disposal Fund as of December 31, 2020.

HInt: Statement of Net position: Total assets- 2,784,886 Total liabilities- 471,664 Total net position- 2,313,222

City of Smithville
Solid Waste Disposal Fund
Post-closing Trial Balance
For year 2020
		Debits	Credits
Cash		$ 297,262
Customer Accounts Receivable		153,821
Allowance for Doubtful Accounts			$ 7,100
Due from Other Funds		2,800
Inventories		74,583
Land		600,000
Buildings		1,650,000
Accumulated Depreciation-Buildings			832,500
Equipment		1,735,700
Accumulated Depreciation-Equipment			889,680
Vouchers Payable			92,900
Accrued Payroll and Fringe Benefits			175,264
Accrued Interest Payable			3,500
Revenue Anticipation Notes-Current			100,000
Revenue Anticipation Notes-Long-Term			100,000
Net Position-Net Investment in Capital Assets			2,063,520
Net Position-Unrestricted			249,702
Totals for all accounts		$ 4,514,166	$ 4,514,166

Prepare a statement of net position for the Solid Waste Disposal Fund as of December 31, 2020. Hint: Statement of Net position: Total assets-2,784,886 Total liabilities- 471,664 Total net position-2,313,222 City of Smithville Solid Waste Disposal Fund Post-closing Trial Balance For year 2020 Debits Credits $ 297,262 153.821 Cash Customer Accounts Receivable Allowance for Doubtful Accounts Due from Other Funds Inventories S 7.100 Land 2.800 74,583 600,000 1,650,000 832,500 1,735,700 Buildings Accumulated Depreciation-Buildings Equipment Accumulated Depreciation Equipment Vouchers Payable Accrued Payroll and Fringe Benefits Accrued Interest Payable Revenue Anticipation Notes-Current Revenue Anticipation Notes-Long-Term Net Position-Net Investment in Capital Assets Net Position-Unrestricted Totals for all accounts 889,680 92.900 175.264 3.500 100,000 100,000 2,063,520 249,702 S 4.514.166