REQUIREMENTS Prepare Harvey Citys combining nonmajor governmental funds year-end balance sheet for 20X4. Prepare Harvey Citys combining nonmajor governmental funds statement of revenues, expenditures, and changes in fund balances for 20X4. Assets Debit Credit Cash 214,320 Investments 491,000 Taxes receivable- delinquent 2,810 Allowance for uncollectible delinquent -5,800 Interest and penalties receivable on taxes 18,000 Allowance for uncollectible interest and penalties -3,500 14,500 Total assets 716,830 Liabilities Deferred revenues 102,000 Fund balance Total liabilities and fund balance 102,000 Ref. "20X4 Transactions and Events Debit Credit " Ref. "Preclosing Trial Balance Debit Credit" Operating Statement Debit Credit "Balance Sheet Debit Credit" Cash 2 300,000 110,000 6 785,000 785,000 3 200,000 1,140,000 7 4 1,535,000 Deferred capital grant revenue 300,000 300,000 2 Reserve for encumbrances 7 1,200,000 2,190,000 5 990,00 990,000 Unreserved fund balance 9 2,300,000 1,310,000 9 990,000 990,000 Estimated other financing sources-bonds 1 1,500,000 1,500,000 9 Estimated other financing sources-transfers in 1 500,000 500,000 9 Estimated revenues 1 300,000 300,000 Appropriations 8 990,000 2,300,000 1 9 1,310,000 Encumbrances 5 2,190,000 1,200,000 7 990,000 8 Contracts payable-retained percentage 60,000 7 60,000 60,000 Revenue: Capital grants 300,000 300,000 300,000 Capital layout expenditures: Land 6 110,000 110,000 110,000 Construction 7 1,200,000 1,200,000 1,200,000 Debt service expenditures: Bond issue costs 4 15,000 15,000 15,000 Other financing sources: Transfers from general fund 200,000 3 200,000 200,000 200,000 Bonds 1,500,000 4 1,500,000 1,500,000 1,500,000 Bonds premium 50,000 4 50,000 50,000 50,000 Totals 13,950,000 13,950,000 3,100,000 3,100,000 1,325,000 2,050,000 1,775,000 1,050,000 No change in fund balance 725,000 725,000 2,050,000 2,050,000 1,775,000 1,775,000