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2-9 The following General Fund information is available for the preparation of financial statements for the City of Eastern Shores for the year ended...

2-9
The following General Fund information is available for the preparation of financial statements for the City of Eastern Shores for the year ended September 30, 2012:
Revenues:
Property taxes $27,000,000
Sales taxes $13,216,000
Fees and fines $1,124,000
Licenses and permits $1,921,000
Intergovernmental $868,000
Investment earnings $654,000
Expenditures:
Current:
General government $8,192,000
Public safety $24,444,000
Public works $6,211,000
Health and sanitation $1,693,000
Culture and recreation $2,154,000
Debt service – principal $652,000
Debt service – interest $821,000
Proceeds of long-term, capital-related debt $2,210,000
Transfer to special revenue fund $1,119,000
Special item – proceeds from sale of land $821,000
Fund balance, October 1, 2011 $13,211,000
***Review the financial information pertaining to the city of Eastern Shores in problem 2-9 on page 53 of your text. From the information given, prepare in good form, a General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances for the city of Eastern Shores General Fund for the Year Ended September 30, 2012.***

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2-9
The following General Fund information is available for the preparation of financial statements for the
City of Eastern Shores for the year ended September 30, 2012:
Revenues:
Property taxes...

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