The City of Castletons General Fund had the following post-closing trial balance at June 30, 2022, the end of its fiscal year:

	Debits		Credits
Cash	$	338,000
Sales Taxes Receivable		14,000
Taxes ReceivableDelinquent		586,000
Allowance for Uncollectible Delinquent Taxes					$	192,000
Interest and Penalties Receivable		26,580
Allowance for Uncollectible Interest and Penalties						11,460
Inventory of Supplies		16,400
Vouchers Payable						151,500
Due to Federal Government						62,490
Deferred Inflows of ResourcesUnavailable Revenues						348,000
Fund BalanceNonspendableInventory of Supplies						16,400
Fund BalanceUnassigned						199,130
	$	980,980			$	980,980

1. Prepare a General Fund statement of revenues, expenditures, and changes in fund balance for the year ended June 30, 2023.

CITY OF CASTLETON
General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For the Year Ended June 30, 2023
Revenues
Taxes
Interest and Penalties on Taxes
Other Sources
Total Revenues	0
Expenditures
Salaries and Wages
Interest on Notes Payable
Other
Total Expenditures	$0
Excess of Revenues over Expenditures
Other Financing Uses
Change In Fund Balance	0
Increase in Inventory of Supplies
Fund Balances, July 1, 2022
Fund Balances, June 30, 2023	$0

2. Prepare a General Fund balance sheet as of June 30, 2023.

CITY OF CASTLETON
General Fund Balance Sheet
As of June 30, 2023
Assets
Cash
Sales Taxes Receivable
Taxes ReceivableDelinquent
Less: Allowance for Uncollectible TaxesDelinquent		0
Interest and Penalties Receivable
Less: Allowance for Uncollectible Interest and Penalties		0
Inventory of Supplies
Total Assets		$0
Liabilities and Fund Balances
Liabilities:
Vouchers Payable
Deferred Inflows of ResourcesUnavailable Revenues
Total Liabilities and Deferred Inflows of Resources		0
Fund Balances:
NonspendableInventory of Supplies
Unassigned
Total Fund Balances		0
Total Liabilities and Fund Balances		$