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The year-end pre-closing trial balance for the Woodland Park Capital Projects Fund is provided below. Cash Grant Receivables Investments Contracts Payable Contracts Payable-Retained Percentage Encumbrances

The year-end pre-closing trial balance for the Woodland Park Capital Projects Fund is provided below. Cash Grant Receivables Investments Contracts Payable Contracts Payable-Retained Percentage Encumbrances Outstanding Revenues Encumbrances Construction Expenditures Debits $ 913,000 Credits 610,000 1,100,000 $1,289,000 67,000 1,650,000 717,000 1,650,000 4,200,000 4,750,000 Other Financing Sources-Proceeds of Bonds $8,473,000 $8,473,000 Required a. Prepare the year-end statement of revenues, expenditures, and changes in fund balances for the capital projects fund. b. Prepare the year-end balance sheet. Assume that all fund balances are restricted. c. Has the capital project been completed? Required A Required B Required C Prepare the year-end statement of revenues, expenditures, and changes in fund balances for the capital projects fund. Woodland Park Capital Projects Fund a. Prepare the year-end statement of revenues, expenditures, and changes in fund balances for the capital projects fund. b. Prepare the year-end balance sheet. Assume that all fund balances are restricted. c. Has the capital project been completed? Required A Required B Required C Prepare the year-end statement of revenues, expenditures, and changes in fund balances for the capital projects fund. Revenues Woodland Park Capital Projects Fund Statement of Revenues, Expenditures, and Changes in Fund Balances Expenditures For the Year End Excess of Revenues Over (Under) Expenditures Other Financing Sources: Excess of Revenues and Other Financing Sources Over Expenditures Fund Balances, Beginning Fund Balances, Ending Required Required B > Required a. Prepare the year-end statement of revenues, expenditures, and changes in fund balances for the capital projects fund. b. Prepare the year-end balance sheet. Assume that all fund balances are restricted. c. Has the capital project been completed? Required A Required B Required C Prepare the year-end balance sheet. Assume that all fund balances are restricted. Woodland Park Capital Projects Fund Balance Sheet For the Year End Assets: Cash Grant Receivables Investments Total Assets Liabilities and Fund Balances: Contracts Payable Contracts Payable-Retained Percentage Total Liabilities Fund Balance-Restricted Total Liabilities and Fund Balances < Required A Required C> Required a. Prepare the year-end statement of revenues, expenditures, and changes in fund balances for the capital projects fund. b. Prepare the year-end balance sheet. Assume that all fund balances are restricted. c. Has the capital project been completed? Required A Required B Required C Has the capital project been completed? Has the capital project been completed

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