Q3. Following are December 31, 2013 trial balances (budgetary accounts excluded) for the General Fund, Debt Service Fund, and Capital Projects Fund for Hebert County. Prepare a governmental funds balance sheet and a statement of revenues, expenditures, and changes in fund balances as of and for the year ended December 31, 2013. The General Fund had encumbrances of $25 outstanding on December 31, 2013. Debits Credits $1,900 330 S 10 120 250 1,720 3,200 350 40 220 General Fund Cash Property taxes receivable - delinquent Allowance for uncollectible property taxes Accounts payable Deferred revenues Unassigned fund balance, January 1, 2013 Revenues - property taxes Revenues - licenses and fees Revenues - parks admissions fees Investment income Expenditures - general government Expenditures - public safety Expenditures - public works Expenditures - parks and culture Transfer out to Debt Service Fund Transfer out to Capital Projects Fund Totals Debt Service Fund Cash Assigned fund balance, January 1, 2013 Expenditures - bond principal Expenditures - interest Transfer in from General Fund Totals Capital Projects Fund Cash Expenditures - capital outlay Transfer in from General Fund Proceeds of bonds Totals 360 1,800 840 350 250 80 $5.910 $5.910 $70 $60 110 130 $310 250 $310 $240 420 $80 580 $660 $660