The following trial balance is taken from the General Fund of the City of Jennings for the year ending December 31, 2010. Prepare a condensed statement of revenues, expenditures, and other changes in fund balance and also prepare a condensed balancesheet.

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Debit Credit Accounts Payable Cash Contracts Payable Deferred Revenues , Due from Capital Projects Funds Due to Debt Service Funds Expenditures Fund Balance-Unassigned... S 90,000 30,000 90,000 40,000 60,000 510,000 410,000 40,000 170,000 740,000 300,000 50,000 Revenues Other Financing Sources Bond Proceeds Other Financing Sources-Transfers ln······ Other Financing Uses-Transfers Out. Taxes Receivable . 220,000 Vouchers Payable 9 470,000 180,000