Below is the December 31, 2022 trial balance for Radnor Citys General Fund. Trial Balance Account Debit
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Below is the December 31, 2022 trial balance for Radnor City’s General Fund.
Trial Balance | ||
---|---|---|
Account | Debit | Credit |
Estimated revenues—property taxes | $500,000 | |
Estimated revenues—intergovernmental | 150,000 | |
Estimated revenues—licenses and fees | 100,000 | |
Estimated revenues—fines | 50,000 | |
Budgetary fund balance | 10,000 | |
Appropriations—general government | $159,000 | |
Appropriations—parks and recreation | 175,000 | |
Appropriations—public safety | 446,000 | |
Appropriations—social services | 30,000 | |
Expenditures—public safety | 441,000 | |
Expenditures—general government | 150,500 | |
Expenditures—parks and recreation | 170,500 | |
Expenditures—social services | 27,000 | |
Cash | 35,600 | |
Property taxes receivable | 67,200 | |
Tax anticipation notes payable | 10,000 | |
Interest payable | 800 | |
Revenues—property taxes | 497,000 | |
Revenues—intergovernmental | 154,000 | |
Revenues—licenses and fees | 99,000 | |
Revenues—fines | 48,000 | |
Fund balance | 62,000 | |
Vouchers payable | 21,000 | |
Total | $1,701,800 | $1,701,800 |
Related Book For
Introduction to Governmental and Not for Profit Accounting
ISBN: 978-0132776011
7th edition
Authors: Martin Ives, Terry K. Patton, Suesan R. Patton
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