A general ledger trial balance at June 30, 2013, for Millar City is as follows:

Millar City uses a purchases basis in accounting for supplies. Open encumbrances are considered constrained by the highest decision-making level of the city.
REQUIRED:
Prepare a fund balance sheet as of June 30, 2013.

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Debits Credits Cash Taxes receivable Allowance for uncollectible taxes Due from other funds Supplies inventory, June 30, 2013 Estimated revenues Expenditures Expenditures-prior year Encumbrances Vouchers payabl Due to other funds Reserve for encumbrances $12,000 30,000 $2,000 3,000 4,000 300,000 290,000 5,000 6,000 eserve for encumbrances prior year Fund balance-nonspendable Fund balance-unassigned Appropriations Revenues 13,000 5,000 6,000 5,000 4,000 10,000 300,000 305,000 $650,000 $650,000