Prepare a statement of changes in fiduciary net position for the Tax Custodial Fund.

Statement of Changes in Fiduciary Net Position: Total Additions: 13,687,520 Total Deductions: 13,687,520

City of Smithville
Tax Custodial Fund
Pre-closing Trial Balance
For year 2020
		Debits	Credits
Taxes Receivable for Other Funds and Governments-Delinquent		$ 1,952,510
Due to Other Funds and Governments			$ 1,952,510
Additions-Property Tax Collections for Other Governments			13,687,520
Deductions-Administrative Fee		136,874
Deductions-Payments of Property Taxes to Other Governments		13,550,646
Totals for all accounts		$ 15,640,030	$ 15,640,030

Answer rating: 100% (QA)

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