Following is the December 31, 2013, trial balance for Radnor Citys General Fund. Based on this information,

Following is the December 31, 2013, trial balance for Radnor City’s General Fund. Based on this information, prepare (a) a statement of revenues, expenditures, and changes in fund balance, (b) a balance sheet, and (c) a budgetary comparison schedule. Classify the fund balance as Unassigned. Then, examine the budgetary comparison schedule, and write a short paragraph explaining the results of the year’s operations in relation to thebudget.

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Account Estimated revenues property taxes Estimated revenues-intergovernmenta Estimated revenues-licenses and fees Estimated revenues-fines Budgetary fund balance Appropriations-general government Appropriations-parks and recreation Appropriations-public safety Appropriations-social services Expenditures -public safety Expenditures-general government Expenditures-parks and recreation Expenditures-social services Cash Pioper ly laxe eceivble Tax anticipation notes payable Accrued interest payable Revenuespropertv taxes Revenues-intergovernmental Revenues licenses and fees Revenues-fines Fund balance Vouchers payable 500,000 50,000 100,000 10,000 159,000 175,000 446,000 30,000 441,000 150,500 170,500 27,000 35,600 10,000 497,000 154,000 99,000 48,000 62,000 21,000 $1,701,800 $1,701,800