The City of Stromfield Had the Following Partial List of Pre-Closing

question 112

Essay

The City of Stromfield had the following partial list of pre-closing account balances in its General Fund as of June 30, 2017.
\begin{array}{c}\begin{array}{lll} \text {Appropriations Control}\\ \text {Budgetary Fund Balance}\\ \text {Budgetary Fund Balance -- Reserve for Encumbrances}\\ \text {Due to Other Funds}\\ \text {Encumbrances Control}\\ \text {Estimated Other Financing Uses Control}\\ \text {Estimated Revenues Control}\\ \text {Expenditures Control}\\ \text {Fund Balance}\\ \text {Other Financing Uses Control-Transfers Out}\\ \text {Revenues Control}\\ \text {Taxes Receivable-Delinquent}\\ \text {Vouchers Payable}\end{array}\begin{array}{rr}\text { Debits } & \text { Credits }\\ & \$ 2,975,000 \\ & 385,000 \\ & 107,000 \\ &40,000 \\ 107,000 & \\ & 300,000 \\ 3,660,000 & \\ 2,788,000 \\ & 272,000 \\ 306,000\\& 3,768,000 \\ 75,000 & \\ & 275,000\\end{array}\end{array}

Required: Prepare, in good form, a Statement of Revenues, Expenditures, and Changes in Fund Balances for the General Fund for the year ended June 30, 2017.

---

Definitions:

Roundworm

Invertebrates with nonsegmented cylindrical body covered by a cuticle that molts; some forms are free-living in water and soil, and many are parasitic.

Freshwater Hydra

A small, tentacled, aquatic organism found in freshwater, known for its extraordinary ability to regenerate.

Medusa

Among cnidarians, bell-shaped body form that is directed downward and contains much mesoglea.

Polyp

Among cnidarians, body form that is directed upward and contains much mesoglea. In anatomy: small, abnormal growth that arises from the epithelial lining.