These are two short questions and I need them solved completely according to the requirement of the specific question.

Q#1

On June 30, 2021, the account balances of the general fund of Clinton CSD were:
Cash in Bank			$ 30,000
Accounts Payable			$ 40,000
Tax Receivable			$ 500,000
Unreserved Fund Balance			$ 470,000
Employee Retirement System			$ 20,000
Prepare a balance sheet as of June 30, 2021 for Clinton CSD.

Q#2

On July 1, 2021, the fund equity balance of the general fund of ABC school district was $125,000.
During the year revenues amounting to $115,000 were realized and expenditures amounting to
$160,000 were paid. Prepare a statement of revenues, expenditures and fund equity for the
period ending July 31, 2021.