46.(Preparation of governmental funds financial statements)
Following are December 31, 2013 pre-closing trial balances (budgetary accounts excluded) for the General Fund, Debt Service Fund, and Capital Projects Fund for Hebert County. Prepare a governmental funds balance sheet and a statement of revenues, expenditures, and changes in fund balances as of and for the year ended December 31, 2013. The General Fund had encumbrances of $25 outstanding on December 31, 2013. (All amounts are in thousands of dollars.)
DebitsCredits
General Fund
Cash$1,900
Property taxes receivable - delinquent330
Allowance for uncollectible property taxes$ 10
Accounts payable120
Deferred revenues250
Unassigned fund balance, January 1, 20131,720
Revenues - property taxes3,200
Revenues - licenses and fees350
Revenues - parks admissions fees40
Investment income220
Expenditures - general government360
Expenditures - public safety1,800
Expenditures - public works840
Expenditures - parks and culture350
Transfer out to Debt Service Fund250
Transfer out to Capital Projects Fund 80____ Totals $5,910 $5,910
Debt Service Fund
Cash$70
Assigned fund balance, January 1, 2013$60
Expenditures - bond principal110
Expenditures - interest130
Transfer in from General Fund___250
Totals$310$310
Capital Projects Fund
Cash$240
Expenditures - capital outlay420
Transfer in from General Fund$80
Proceeds of bonds___580
Totals$660$660