P4 (Balance Sheet Conversion Worksheet-Governmental Activities) Presented here is the total column of the governmental funds balance sheet of Ravenscroft County, Iowa, for the year ended December 31, 20X9. Ravenscroft County Governmental Funds Balance Sheet December 31, 20X9 Total Assets Cash. $ 850,000 Investments ........ 1,890,000 Due from other governments....... 600,000 Due from Capital Projects Fund ....... 56,000 Taxes receivable-Delinquent (net)... 12,000,000 Accrued interest receivable ........... 34,000 Inventory of materials and supplies ... 27,200 Total Assets. $15,457,200 Liabilities Vouchers payable......... $ 324,000 Accrued salaries and wages payable .... 99,000 Contracts payable - Retainage. .... 57,000 Due to Enterprise Fund .... 12,000 Due to Special Revenue Funds ... 56,000 Total Liabilities ....... 548,000 Deferred Inflows of Resources Deferred tax revenues...... 1,526,000 Deferred capital grant revenues .. 600,000 Total Deferred Inflows of Resources.... 2,126,000 Fund Balances Nonspendable 27,200 Restricted ... 1,580,800 Assigned ............ 200,000 Unassigned .......... 10,975,200 Total Fund Balances ....... 12,783,200 Total Liabilities, Deferred Inflows or Resources, and $15,457,200 Fund Balance............. Balance Sheet Conversion Worksheet December 31, 20X9 Governmental Funds Balance Sheet General Capital Assets Balances General Long-Term Liabilities Balances Other Balances, Deferred Outflows/Inflows of Resources, and Interfund Items Governmental Activities Column- Statement of Net Position $ Cash Investments Due from Other Governments Due from Capital Projects Fund Taxes receivable - Delinquent (net) Accrued interest receivable Inventory of materials and supplies 850,000 1,890,000 600.000 56,000 12,000,000 34,000 27,200 Total Assets 15,457,200 Vouchers payable Accrued salaries and wages payable Contracts payable--retainage Due to Enterprise Fund Due to Special Revenue Funds 324,000 99,000 57,000 12,000 56,000