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You have been provided with the following information for the city of Athena: General...

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Accounting

You have been provided with the following information for the city of Athena:
General Fund:
Cash: $500,000
Property Tax Receivable: $200,000
Accounts Payable: $100,000
Fund Balance: $600,000
Revenues: $1,000,000
Expenditures: $900,000
Land Enterprise Fund:
Cash: $200,000
Accounts Receivable: $50,000
Accounts Payable: $30,000
Fund Balance: $220,000
Revenues: $300,000
Operating Expenses: $250,000
Prepare the statement of revenues, expenditures, and changes in fund balance for the General Fund.
Prepare the balance sheet for the Land Enterprise Fund.
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