The following transactions relate to the general fund of the city of Lost Angels for the year ending December 31,2020. Prepare a statement of revenues,expenditures, and other changes in fund balance for the general fund
for the period to be included in the fund financial statements. Assume that the fund balance at the beginning of the year was $180,000. Assume also that the city applies the purchases method to supplies. Receipt within
60 days serves as the definition of available resources.
a.	Collects property tax revenue of $700,000. A remaining assessment of $100,000 will be collected in the subsequent period. Half of that amount should be received within 30 days, and the remainder approximately
	5 months after the end of the year.
b.	Spends $200,000 on three new police cars with 10-year lives. The anticipated price was $207,000 when the cars were ordered. The city calculates all depreciation using the straight-line method with no expected
	residual value. The city applies the half-year convention.
c.	Transfers $90,000 of unrestricted cash to a debt service fund.
d.	Issues a long-term bond for its $200,000 face value on July 1. Interest at a 10 percent annual rate will be paid each year starting on June 30, 2021.
e.	Orders a new computer with a five-year life for $40,000.
f.	Pays salaries of $30,000. Another $10,000 is owed to employees at the end of the year but will not be paid for another 30 days.
g.	Receives the new computer near the end of 2020. The actual cost is $41,000. Payment is to be made in 45 days.
h.	Buys supplies for $10,000 in cash.
	Uses $8,000 of the supplies bought in (h). How to prepare the trial balance?