The information below shows the unadjusted trial balance for the general fund of the Village of Stoneville as of December 31, 2021.

Accounts Debits Credits

Cash	204,000
Property taxes receivable	20,000
Vouchers payable		44,000
Accrued salaries payable		16,000
Due to other governments		14,000
Fund balance		275,000
Expenditures-general government	1,082,000
Expenditures-public safety	1,649,000
Expenditures-economic development	246,000
Expenditures-culture and recreation	140,000
Revenues-taxes		2,200,000
Revenues-permits and licenses		610,000
Revenues-intergovernmental		144,000
Revenues-fines and forfeits		38,000
Estimated revenues-taxes	2,240,000
Estimated revenues-permits and licenses	600,000
Estimated revenues-intergovernmental	180,000
Estimated revenues-fines and forfeits	44,000
Budgetary fund balance	120,000
Appropriations-general government		1,090,000
Appropriations-public safety		1,700,000
Appropriations-economic development		250,000
Appropriations-culture and recreation		144,000
Encumbrances-public safety	8,000
Budgetary fund balance reserved for encumbrances		8,000
Totals	6,533,000	6,533,000

Additional information:

• At December 31, 2021, the State treasurer is holding $26,000 of sales taxes and $18,000 of income taxes that will be remitted to the Village no later than February 28, 2022.
• Revenues from property taxes, as well as revenues from all other sources in the general fund, use the same time period for availability.
• Appropriations lapse at the end of the year.

Required:

1. Prepare the statement of revenues, expenditures, and changes in fund balance for the general fund of the Village of Stoneville for the year ended December 31, 2021.
2. Prepare the balance sheet for the general fund of the Village of Stoneville at December 31, 2021. All of the fund balance is unassigned.