Prepare a Statement of Revenue, Expenditures, and changes in fund balance and a balance sheet

General Fund for December 31,2017. Be sure to categorize categories. thal balance given, prepare any necessary financial statements for City of Spainville, the fund balance into the necessary All balances are listed before closing entries have been posted. City of Spainville Pre-closing Trial Balance December 31,2017 $108,148 20,000 54,000 Cash Investments Taxes receivable Allowance for uncollectible taxes Supplies Inventory Accounts payable Wages payable Deferred inflow- property taxes $2,675 350 2,000 850 22,600 156,758 226,952 35,123 Fund Balance, beginning Revenue- property taxes Revenue -sales taxes Expenditure- General Government Expenditure- Capital Outlay Other financing uses-transfer out Estimated Revenues 181,560 39,900 43,000 265,000 225,000 140,000 800 Appropriations Budgetary Fund Balance Encumbrances 800 Budgetary Fund Balance Reserved for Encumbrances