Presented here is the total column of the governmental funds balance sheet of Ravenscroft County, lowa, for the year ended December 31, 20X9.

1. Both the deferred capital grant and the deferred tax revenues were deferred because resources were not collected soon enough to be considered available.
2. Interest payable on bonds at the beginning of the fiscal year was $100,000. At year-end, it was $125,000.
3. The discount on bonds (below) is amortized.over a 10-year term.
4. Unamortized bond issue costs are amortized over a 10-year period. The balance at December 31, 20X9 (after deducting 20X9 amortization), was $340,000.
5. The ending GCA balances were:

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Ravenscroft County Governmental Funds Balance Sheet December 31, 20X9 Assets Cash. Investments. Due from other governments. Due from Capital Projects Fund Taxes receivable (net) Accrued interest receivable Inventory of materials and supplies Total Assets. **** Liabilities and Fund Balances Fund Balances Nonspendable Restricted Assigned Unassigned Liabilities Vouchers payable.... Accrued salaries and wages payable. Contracts payable-retained percentage Deferred tax revenues...... Deferred capital grant revenues Due to Enterprise Fund Due to Special Revenue Funds Total Liabilities.. Total Fund Balances. Total Liabilities and Fund Balances ... Total $ 850,000 1,890,000 600,000 56,000 12,000,000 34,000 27,200 15,457,200 $ 324,000 99,000 57,000 1,526,000 600,000 12,000 56,000 2,674,000 27,200 1,580,800 200,000 10,975,200 12,783,200 $15,457,200