With the following information provided below, can you...

A). Prepare a balance sheet for the Village of Vandalias Serial Bond Debt Service Fund as of December 31, 2008

B). Prepare a statement of revenues, expenditures, and changes in fund balances for debt service fund for the year of ended December 31, 2008

C). Prepare a schedule of revenues, expenditures, and changes in fund balances budget and actual for the year ended December 31, 2008

The journal entries are provided.

VILLAGE OF VANDALIA Serial Bond Debt Service Fund Balance Sheet As of December 31, 2007 Assets Fund Balance Cash Investments nterest receivable on S253,000 50,000 2,000 305,000 investments Total assets Fund balance $305,000