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Question: Statement of Revenues, Expenditures, and Changes in Fund Balance for Ima County's Special Revenue Fund for fiscal year ended 2010 Balance sheet at year

  1. Question:Statement of Revenues, Expenditures, and Changes in Fund Balance for Ima County's Special Revenue Fund for fiscal year ended 2010

  2. Balance sheet at year ended 2010 for Ima County's Special Revenue Fund

  3. Closing entries for fiscal year ended 2010



The following financial information is available for Ima County for fiscal year ended November 30, 2010: 

 Debits ($)

 Credits ($)

Cash

  50,000

Taxes Receivable - Delinquent

    65,000

Allowance for Uncollectible Delinquent Taxes

    9,500

Due from General Fund

    15,500

Advance to Enterprise Fund

    36,500

Accrued Receivables

      7,500

Vouchers Payable

    35,000

Due to Internal Service Fund

      5,000

Accrued Payables

      7,800

Fund Balance

    50,200

Taxes Revenue

  675,000

Intergovernmental Revenue

  105,500

Charges for Services

    76,000

Other Revenue

      5,500

General Government Expenditure

  350,000

Parks and Recreation Expenditure

  215,000

Social Services Expenditure

  235,000

Other Expenditure

      5,000

Transfer to Debt Service Fund

    10,000

Transfer from Capital Project Fund

    20,000

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