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Business, 06.02.2020 02:42 champqc702
The following information is available for the preparation of the government-wide financial statements for the city of southern springs as of april 30, 2017:
cash and cash equivalents, governmental activities $3,640,000
cash and cash equivalents, business-type activities 832,000
receivables, governmental activities 615,000
receivables, business-type activities 1,259,000
inventories, business-type activities 492,000
capital assets, net, governmental activities 10,030,000
capital assets, net, business-type activities 10,740,000
accounts payable, governmental activities 615,000
accounts payable, business-type activities 624,000
noncurrent liabilities, governmental activities 5,160,000
noncurrent liabilities, business-type activities 3,039,000
net position, net investment in capital assets, governmental activities 4,870,000
net position, net investment in capital assets, business-type activities 7,701,000
net position, restricted for debt service, governmental activities 714,000
net position, restricted for debt service, business-type activities 211,000
from the above information, prepare a statement of net position for the city of southern springs as of april 30, 2017.
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The following information is available for the preparation of the government-wide financial statemen...
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