Using the Montgomery County, Maryland, preclosing trial balance at June 30, 20X9, presented here, prepare the county€™s Capital Projects Fund (a) statement of revenues, expenditures, and changes in fund balance for the year ended June 30, 20X9, and (b) balance sheet at June 30, 20X9.

The long-term receivables are assigned to specific projects when collected. Bond indentures require maintaining a reserve for legal debt restrictions. The required balance of this reserve in the fund at June 30, 20X9, is$4,211,706.

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Montgomery County, Maryland Capital Projects Fu Preclosing Trial Balance June 30, 20x9 Accounts Debit Credit $103,671,506 4,320,358 572,175 91 465 300,000 3,829 21,180,411 828,573 1,335 Equity in Pooled Cash and Investments Cash with Fiscal Agents ^ . . . . . . .. Accounts Receivable.. Other Receivables Due from Other Governments.. . . Inventory of Supplies Prepaid Items .. Accounts Payable . 12,308,083 6,080,192 643,718 53,986,924 20,801,660 2,454,122 Due to Other Governments. Deferred Revenues .. . und Balancer.... 37,114,464 58,073,018 19,555,194 787,887 2,323,949 777,212 59,491,660 3,750 313,707,787 Intergovernmental Revenues. Charges for Services Investment Income Sale of Capital Assets... . Bond Anticipation Note Proceeds.. 382,096,212 814,828 S 50,995.349 Transfers Out.. Totals. 50,995,349