Year Ref Poste
dAcct# – Name Descriptio
nDebits Credits
2023 104 X 1030 – Taxes Receivable-Delinquent 4a-6 378,000
2023 104 X 1040 – Interest and Penalties Receivable on Taxes 4a-6 22,860
2023 104 X 1045 – Sales Taxes Receivable 4a-6 14,132
2023 105 X 4600 – Program Revenues-General Government-Charges for Services 4a-7 385,750
2023 105 X 4602 – Program Revenues-General Government-Operating Grants and
Contributions 4a-7 520,500
2023 105 X 4710 – General Revenues-Miscellaneous 4a-7 220,500
2023 106 X 2420 – Internal Payables to Business-Type Activities 4a-8 19,400
2023 106 X 1010 – Cash 4a-8 19,400
2023 107 X 1031 – Allowance for Uncollectible Delinquent Taxes 4a-9 18,000
2023 107 X 1041 – Allowance for Uncollectible Interest and Penalties 4a-9 1,350
2023 107 X 1030 – Taxes Receivable-Delinquent 4a-9 18,000
2023 108 X 2040 – Due to Federal Government 4a-10 2,155,391
2023 108 X 2050 – Due to State Government 4a-10 802,056
2023 108 X 1010 – Cash 4a-10 3,715,591
2023 109 X 6600 – Expenses-General Government 4a-11 394,940
2023 109 X 6610 – Expenses-Public Safety 4a-11 647,650
2023 109 X 6640 – Expenses-Public Works 4a-11 964,300
2023 109 X 6650 – Expenses-Health and Welfare 4a-11 661,200
General Journal
City of Bingham
5 – Governmental Activities, Governmental-Wide level
General Journal Prepared by: Instructor Page 2 of 6
Year Ref Poste
dAcct# – Name Descriptio
nDebits Credits
2023 110 X 2050 – Due to State Government 4a-12 802,056
2023 110 X 1010 – Cash 4a-12 6,472,447
2023 111 X 2020 – Tax Anticipation Notes Payable 4a-14 500,000
2023 111 X 6680 – Expenses-Interest on Tax Anticipation Notes 4a-14 10,000
2023 111 X 1010 – Cash 4a-14 510,000
2023 113 X 1021 – Allowance for Uncollectible Current Taxes 4a-17 77,500
2023 113 X 1031 – Allowance for Uncollectible Delinquent Taxes 4a-17 77,500
2023 114 X 1040 – Interest and Penalties Receivable on Taxes 4a-18 59,580
2023 114 X 1041 – Allowance for Uncollectible Interest and Penalties 4a-18 10,750
2023 114 X 4690 – General Revenues-Interest and Penalties on Taxes 4a-18 48,830
2023 115 X 1045 – Sales Taxes Receivable 4a-18 21,722
2023 115 X 4670 – General Revenues-Taxes-Sales 4a-18 21,722
2023 116 X 1010 – Cash 5a-1 7,550,225
2023 116 X 2440 – Serial Bonds Payable-2% 5a-1 7,500,000
2023 118 X 6600 – Expenses-General Government 5a-5 149,000
2023 118 X 2010 – Vouchers Payable 5a-5 149,000
2023 118 X 1300 – Construction in Progress 5a-6 110,000
2023 118 X 2010 – Vouchers Payable 5a-6 110,000
2023 119 X 1300 – Construction in Progress 5a-8 115,000
2023 119 X 2010 – Vouchers Payable 5a-8 115,000
2023 119 X 1010 – Cash 5a-9 5,032,500
General Journal Prepared by: Instructor Page 3 of 6
Year Ref Poste
dAcct# – Name Descriptio
nDebits Credits
2023 120 X 2080 – Contracts Payable 5a-10 3,000,000
2023 121 X 2080 – Contracts Payable 5a-11 3,000,000
2023 121 X 2090 – Contracts Payable-Retained Percentage 5a-11 150,000
2023 121 X 1010 – Cash 5a-11 2,850,000
2023 122 X 2010 – Vouchers Payable 5a-12 849,000
2023 122 X 1010 – Cash 5a-12 849,000
2023 123 X 2010 – Vouchers Payable 5a-16 375,500
2023 123 X 2010 – Vouchers Payable 5a-17 375,500
2023 123 X 1010 – Cash 5a-17 375,500
2023 124 X 1260 – Buildings 5a-17 6,525,000
2023 124 X 1300 – Construction in Progress 5a-17 6,525,000
2023 125 X 1020 – Taxes Receivable-Current 6b-2 704,545
2023 125 X 1021 – Allowance for Uncollectible Current Taxes 6b-2 6,500
2023 125 X 4660 – General Revenues-Taxes Property 6b-2 698,045
2023 125 X 1075 – Investments-Temporary 6b-3 500,000
2023 126 X 6670 – Expenses-Interest on Long-Term Debt 6b-6 59,041
2023 126 X 1010 – Cash 6b-6 313,750
2023 127 X 1010 – Cash 6b-7 5,000
2023 127 X 4720 – General Revenues-Investment Earnings 6b-7 5,000
2023 127 X 1010 – Cash 6b-8 300,000
2023 127 X 1075 – Investments-Temporary 6b-8 300,000
2023 127 X 6670 – Expenses-Interest on Long-Term Debt 6b-9 70,783
2023 127 X 2450 – Premium on Serial Bonds Payable 6b-9 4,217
General Journal
City of Bingham
5 – Governmental Activities, Governmental-Wide level
Year Ref Poste
dAcct# – Name Descriptio
nDebits Credits
2023 127 X 1010 – Cash 6b-9 75,000
2023 128 X 2430 – Current Portion of Long-Term Debt 6b-11 250,000
2023 128 X 2450 – Premium on Serial Bonds Payable 6b-11 4,461
2023 128 X 6670 – Expenses-Interest on Long-Term Debt 6b-11 55,539
2023 129 X 1041 – Allowance for Uncollectible Interest and Penalties 6b-12 120
2023 129 X 4690 – General Revenues-Interest and Penalties on Taxes 6b-12 1,080
2023 130 X 6670 – Expenses-Interest on Long-Term Debt 6b-13 35,372
2023 130 X 2450 – Premium on Serial Bonds Payable 6b-13 2,128
2023 130 X 2320 – Accrued Interest Payable on Long-Term Debt 6b-13 37,500
2023 131 X 6600 – Expenses-General Government 9a 352,250
2023 131 X 6610 – Expenses-Public Safety 9a 704,875
2023 131 X 6640 – Expenses-Public Works 9a 267,500
2023 131 X 6650 – Expenses-Health and Welfare 9a 174,000
2023 131 X 6660 – Expenses-Culture and Recreation 9a 166,000
2023 133 X 4600 – Program Revenues-General Government-Charges for Services Closing
Entry 1,064,750
2023 133 X 4602 – Program Revenues-General Government-Operating Grants and
Contributions
Closing
Entry 520,500
2023 133 X 4610 – Program Revenues-Public Safety-Charges for Services Closing
Entry 319,000
General Journal
City of Bingham
5 – Governmental Activities, Governmental-Wide level
General Journal Prepared by: Instructor Page 5 of 6
Year Ref Poste
dAcct# – Name Descriptio
nDebits Credits
2023 133 X 4690 – General Revenues-Interest and Penalties on Taxes Closing
Entry 49,910
2023 133 X 4710 – General Revenues-Miscellaneous Closing
Entry 220,500
2023 133 X 4720 – General Revenues-Investment Earnings Closing
Entry 37,500
2023 133 X 6680 – Expenses-Interest on Tax Anticipation Notes Closing
Entry 10,000
2023 133 X 2740 – Net Position-Unrestricted Closing
Entry 618,943
2023 134 X 2420 – Internal Payables to Business-Type Activities Closing
Entry 35,000
General Journal
City of Bingham
5 – Governmental Activities, Governmental-Wide level
General Journal Prepared by: Instructor Page 6 of 6
Year Ref Account Description Debits Credits Balance
Dr(Cr)
Cash
2022 101 2d 1,692,125 1,692,125
2023 102 4a-2 500,000 2,192,125
2023 103 4a-5 245,654 1,946,471
2023 116 5a-1 7,550,225 9,374,868
2023 117 5a-2 5,000,000 4,374,868
2023 119 5a-9 5,032,500 9,407,368
2023 121 5a-11 2,850,000 6,557,368
2023 122 5a-12 849,000 5,708,368
2023 123 5a-15 3,450,000 2,258,368
2023 123 5a-17 375,500 1,882,868
2023 125 6b-3 500,000 1,382,868
2023 125 6b-5 706,030 2,088,898
2023 126 6b-6 313,750 1,775,148
2023 127 6b-7 5,000 1,780,148
2023 127 6b-8 300,000 2,080,148
Taxes Receivable-Current
2023 102 4a-1 7,750,000 7,750,000
2023 104 4a-6 7,302,000 448,000
2023 113 4a-17 448,000 0
2023 125 6b-2 704,545 704,545
2023 125 6b-5 695,500 9,045
2023 129 6b-12 9,045 0
Allowance for Uncollectible Current Taxes
General Ledger
City of Bingham
5 – Governmental Activities, Governmental-Wide level
General Ledger Prepared by: Instructor Page 1 of 9
Year Ref Account Description Debits Credits Balance
Dr(Cr)
2023 125 6b-2 6,500 (6,500)
2023 129 6b-12 6,500 0
Taxes Receivable-Delinquent
2022 101 2d 513,875 513,875
2023 104 4a-6 378,000 135,875
Allowance for Uncollectible Delinquent Taxes
2022 101 2d 43,681 (43,681)
2023 107 4a-9 18,000 (25,681)
2023 113 4a-17 77,500 (103,181)
2023 129 6b-12 6,500 (109,681)
Interest and Penalties Receivable on Taxes
2022 101 2d 34,687 34,687
2023 104 4a-6 22,860 11,827
Allowance for Uncollectible Interest and Penalties
2022 101 2d 3,121 (3,121)
2023 107 4a-9 1,350 (1,771)
2023 114 4a-18 10,750 (12,521)
2023 129 6b-12 120 (12,641)
Sales Taxes Receivable
5 – Governmental Activities, Governmental-Wide level
General Ledger Prepared by: Instructor Page 2 of 9
Year Ref Account Description Debits Credits Balance
Dr(Cr)
Internal Balances
2023 134 Closing Entry 35,000 (35,000)
Investments-Temporary
Inventory of Supplies
2023 112 4a-16 7,000 7,000
Land
2022 101 2d 2,310,000 2,310,000
2023 118 5a-3 475,000 2,785,000
Improvements other than Buildings
2022 101 2d 8,900,000 8,900,000
Accumulated Depreciation-Improvements other than Buildings
Infrastructure
2022 101 2d 33,109,000 33,109,000
Accumulated Depreciation-Infrastructure
2022 101 2d 22,408,000 (22,408,00
0)
2023 131 9a 314,500 (22,722,50
0)
Buildings
Accumulated Depreciation-Buildings
General Ledger
City of Bingham
5 – Governmental Activities, Governmental-Wide level
Year Ref Account Description Debits Credits Balance
Dr(Cr)
2022 101 2d 3,175,000 (3,175,000)
2023 131 9a 252,125 (3,427,125)
Equipment
Accumulated Depreciation-Equipment
2022 101 2d 3,030,400 (3,030,400)
2023 131 9a 994,500 (4,024,900)
Construction in Progress
2023 118 5a-6 110,000 110,000
Vouchers Payable
2022 101 2d 260,210 (260,210)
2023 103 4a-5 245,654 (14,556)
2023 109 4a-11 3,781,840 (3,796,396)
2023 110 4a-12 3,515,000 (281,396)
2023 118 5a-3 475,000 (756,396)
2023 118 5a-5 149,000 (905,396)
Tax Anticipation Notes Payable
2023 102 4a-2 500,000 (500,000)
2023 111 4a-14 500,000 0
General Ledger
City of Bingham
5 – Governmental Activities, Governmental-Wide level
General Ledger Prepared by: Instructor Page 4 of 9
Year Ref Account Description Debits Credits Balance
Dr(Cr)
Due to Federal Government
2023 108 4a-10 2,155,391 (2,155,391)
2023 110 4a-12 2,155,391 0
Due to State Government
2023 108 4a-10 802,056 (802,056)
2023 110 4a-12 802,056 0
Contracts Payable
Contracts Payable-Retained Percentage
2023 121 5a-11 150,000 (150,000)
2023 123 5a-15 150,000 0
Accrued Interest Payable on Long-Term Debt
2023 130 6b-13 37,500 (37,500)
Internal Payables to Business-Type Activities
Current Portion of Long-Term Debt
2022 101 2d 500,000 (500,000)
2023 126 6b-6 250,000 (250,000)
2023 128 6b-11 250,000 0
2023 132 9b 1,250,000 (1,250,000)
Serial Bonds Payable-3%
2022 101 2d 3,750,000 (3,750,000)
2023 132 9b 500,000 (3,250,000)
General Ledger Prepared by: Instructor Page 5 of 9
Year Ref Account Description Debits Credits Balance
Dr(Cr)
Serial Bonds Payable-2%
2023 116 5a-1 7,500,000 (7,500,000)
2023 132 9b 750,000 (6,750,000)
Premium on Serial Bonds Payable
2022 101 2d 43,900 (43,900)
2023 116 5a-1 50,225 (94,125)
Deferred Inflows of Resources
2022 101 2d 25,000 (25,000)
2023 103 4a-4 25,000 0
Net Position-Net Investment in Capital Assets
2022 101 2d 27,025,600 (27,025,60
0)
2023 135 Closing Entry 842,735 (26,182,86
5)
Net Position-Restricted for Debt Service
2022 101 2d 950,000 (950,000)
2023 135 Closing Entry 108,005 (1,058,005)
Net Position-Unrestricted
Program Revenues-General Government-Charges for Services
2023 105 4a-7 479,000 (479,000)
2023 105 4a-7 200,000 (679,000)
2023 105 4a-7 385,750 (1,064,750)
General Ledger
City of Bingham
5 – Governmental Activities, Governmental-Wide level
General Ledger Prepared by: Instructor Page 6 of 9
Year Ref Account Description Debits Credits Balance
Dr(Cr)
2023 133 Closing Entry 1,064,750 0
Program Revenues-General Government-Operating Grants and
Contributions
2023 105 4a-7 520,500 (520,500)
2023 133 Closing Entry 520,500 0
Program Revenues-Public Safety-Charges for Services
2023 105 4a-7 319,000 (319,000)
2023 133 Closing Entry 319,000 0
Program Revenues-Health and Welfare-Operating Grants and Contributions
General Revenues-Taxes Property
2023 102 4a-1 7,672,500 (7,672,500)
2023 125 6b-2 698,045 (8,370,545)
2023 133 Closing Entry 8,370,545 0
General Revenues-Taxes-Sales
2023 104 4a-6 753,868 (753,868)
2023 115 4a-18 21,722 (775,590)
2023 133 Closing Entry 775,590 0
General Revenues-Interest and Penalties on Taxes
General Revenues-Miscellaneous
2023 105 4a-7 220,500 (220,500)
2023 133 Closing Entry 220,500 0
General Revenues-Investment Earnings
2023 119 5a-9 32,500 (32,500)
City of Bingham
5 – Governmental Activities, Governmental-Wide level
General Ledger Prepared by: Instructor Page 7 of 9
Year Ref Account Description Debits Credits Balance
Dr(Cr)
2023 127 6b-7 5,000 (37,500)
2023 133 Closing Entry 37,500 0
Expenses-General Government
2023 108 4a-10 2,200,376 2,200,376
2023 109 4a-11 394,940 2,595,316
2023 109 4a-11 98,000 2,693,316
Expenses-Public Safety
2023 108 4a-10 2,731,644 2,731,644
2023 109 4a-11 647,650 3,379,294
2023 131 9a 704,875 4,084,169
2023 133 Closing Entry 4,084,169 0
Expenses-Public Works
2023 108 4a-10 790,481 790,481
2023 109 4a-11 964,300 1,754,781
Expenses-Health and Welfare
2023 108 4a-10 501,673 501,673
2023 109 4a-11 661,200 1,162,873
2023 131 9a 174,000 1,336,873
2023 133 Closing Entry 1,336,873 0
Expenses-Culture and Recreation
General Ledger
City of Bingham
5 – Governmental Activities, Governmental-Wide level
General Ledger Prepared by: Instructor Page 8 of 9
Year Ref Account Description Debits Credits Balance
Dr(Cr)
2023 133 Closing Entry 1,105,614 0
Expenses-Interest on Long-Term Debt
2023 126 6b-6 59,041 59,041
Expenses-Interest on Tax Anticipation Notes
2023 111 4a-14 10,000 10,000
2023 133 Closing Entry 10,000 0
General Ledger
City of Bingham
5 – Governmental Activities, Governmental-Wide level
General Ledger Prepared by: Instructor Page 9 of 9