City of Smithville Part 1

City of Smithville Part 1 - Student 12/11/2009 Governmental...

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Student 12/11/2009 Governmental Accounting City of Smithville City of Smithville General Fund Post-Closing Trial Balance As of December 31, 2007 General Ledger Cash $215,592 Taxes Receivable-Delinquent 485,588 Estimated Uncollectible Delinquent Taxes $87,080 Interest and Penalties 57,820 Receivable on Taxes 17,360 Estimated Uncollectible Interest and Penalties 700,000 Due from State Government Vouchers Payable 462,700 Due to Federal Government 100,000 Due to State Government 50,000 Tax Anticipation Notes Payable 350,000 Fund Balance 391,860 Totals $1,459,000 $1,459,000
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City of Smithville Governmental Activities, Government-Wide Level Post-Closing Trial Balance For year 2007 Cash $215,592 Taxes Receivable-Delinquent 485,588 Estimated Uncollectible Delinquent Taxes $87,080 Interest and Penalties Receivable on Taxes 57,820 Estimated Uncollectible Interest and Penalties 17,360 Due From State Government 700,000 Improvements othe than Buildings 6,692,000 Accumulated Depreciation-Improvements other than Buildings 1,624,000 Land 5,180,000 Buildings 9,296,000 Accumulated Depreciation-Buildings 2,595,600 Equipment 3,829,000 Accumulated Depreciation-Equipment 1,372,000 Vouchers Payable 462,000 Tax Anticipation Notes Payable 350,000 Due to Federal Government 100,000 Due to State Government 50,000 Net Assets-Unrestricted 391,860 Net Assets-Invested in Capital Assets, Net of Related Debt 19,405,400 Total for all Accounts ### $26,456,000
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City of Smithville General Fund Pre-Closing Trial Balance As of December 31, 2008 General Ledger Cash $104,935 Taxes Receivable-Delinquent 497,298 Estimated Uncollectible Delinquent Taxes $90,790 Interest and Penalties Receivable on Taxes 20,972 Estimated Uncollectible Interest and Penalties 8,490 Due From Other Funds 10,000 Due From State Government 135,000 Vouchers Payable 173,152 Due To Other Fund 5,300 Due To Federal Government 115,400 Due to State Government 38,220 Reserve for Encumbrances 66,500 Fund Balance 276,760 Est. Revenues 4,214,000 Revenues 4,202,145 Appropriations 4,329,100 Expenditures 4,257,152 Encumbrances 66,500 Total for all accounts $9,305,857 $9,305,857
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City of Smithville General Fund Post-Closing Trial Balance As of December 31, 2008 General Ledger Cash $104,935 Taxes Receivable-Delinquent 497,298 Estimated Uncollectible Delinquent Taxes $90,790 Interest and Penalties Receivable on Taxes 20,972 Estimated Uncollectible Interest and Penalties 8,490 Due From Other Funds 10,000 Due From State Government 135,000 Vouchers Payable 173,152 Due to Other Funds 5,300 Due to Federal Government 115,400 Due To State Government 38,220 Reserve for Encumbrances 66,500 Fund Balance 270,353 Total for all accounts $768,205 $768,205.00
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City of Smithville Governmental Activities, Government-Wide Level Post-Closing Trial Balance For year 2008 Cash $365,385 Taxes Receivable-Delinquent 497,298 Estimated Uncollectible Dellinquent Taxes $90,790 Interest and Penalties Receivable on Taxes 20,792 Estimated Uncollectible Interst and Penalties
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This note was uploaded on 05/16/2011 for the course AC 408 taught by Professor Richardkido during the Fall '10 term at Chaminade University.

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City of Smithville Part 1 - Student 12/11/2009 Governmental...

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