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	GENERAL FUND TRIAL BALANCE
	After the reversing entry for the 20X0 encumbrances closing entry was made
	JAN 1, 20X1
	Cash	7,000
	Taxes Receivable-Delinquent	48,000
	Allowance for Uncollectible Taxes-Delinquent		4,000
	Due from Water Fund	500
	Vouchers Payable		11,000
	Due to Taxpayers		1,000
	ENCUMBRANCES	3,000
	Deferred Revenues		3,000
	ENCUMBRANCES OUTSTANDING		3,000
	Fund Balance		36,500
		58,500	58,500
	Summary of 20X1 General Fund Transactions
1.	City council approved the following 20X1 budget
	Expenditures:
	City Manager	20,000
	Police Department	13,000
	Fire Department	10,000
	Streets and Roads	20,000
		63,000
	Revenues:
	Property Taxes	75,000
	Fines and Fees	5,000
	Miscellaneous	5,000
		85,000
2.	City council levied property taxes of $75,000. It was estimated that $2,000 of the taxes would never be collected.
3.	Cash collected during the year is as follows
	Prior years' levies	45,000
	20X1 levy	46,000
	Fines and Fees	4,000
	Taxes written off in prior years	500
	Interest	500
	Service charges	2,000
		98,000
4.	Council approved $5,000 borrowed
5.	Orders placed during year
	City Manager	4,000
	Police Department	3,000
	Fire Department	3,000
	Streets and Roads	5,000
		15,000
6.	Payrolls vouchered during year
	City Manager	15,000
	Police Department	7,000
	Fire Department	6,500
	Streets and Roads	14,000
		42,500
7.	Invoices vouchered during year
	City Manager	4,500
	Police Department	6,100
	Fire Department	3,000
	Streets and Roads	4,000
	Repayment of note plus interest (see #4)	5,200
		22,800
	Preceding invoices completed all orders except one on June 1, 20X1 for an attachment for a Streets and Roads road grader for $950
8.	Payments to other funds
Fund	Purpose	Amount
Debt Service	Provide for payment of Bond Principle and Interest	8,000
Capital Fund	City contribution to construction of city park facilities	15,000
Water Fund	Water Supply for Streets and Roads Dept.	1,500
		24,500
9.	Collections analysis showed debt to Taxpayer A from the city for $1,000 overpayment of taxes on Jan. 1, 20X1 has paid $1,000 less in taxes for 20X1
10.	Streets and Roads Dept. rendered services of $250 to the Water Fund
11.	City Council made additional Appropriation of $5,000 (including $600 interest) for LT Note maturity that was overlooked in the budget preparation
12.	Item 11 Note matured and was vouchered
13.	Vouchers of $70,000 were paid
14.	Council authorized write off of $500 in Delinquent taxes
15.	Current taxes became delinquent, and the allowance for uncollectible delinquent taxes was reduced $2,400

Required:

A) Prepare a worksheet(s) summarizing this years operations in such a way that the General Ledger closing entries and required statements may be easily prepared

B) Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balances for the General Fund of Waynesville for the year ended

C) Prepare a Balance Sheet

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