Question: Fund and Government-Wide Financial Statements Below is information on the financial performance of the City of Leland: 1. Depreciation expense on municipal parking garage assets
Fund and Government-Wide Financial Statements Below is information on the financial performance of the City of Leland:
1. Depreciation expense on municipal parking garage assets
2. Gains on the sale of general fund county snowplowing equipment
3. Payroll deductions to be paid to tax authorities
4. Depreciation expense on general fund assets
5. Payments for general obligation debt principal
Required
Indicate on which of the City's financial statement(s) we would report each item of information. Choose from the following list of financial statements:
a. Government-wide statement of net position
b. Government-wide statement of activities
c. Statement of revenues, expenditures and changes in fund balances-governmental funds
d. Statement of revenues, expenses and changes in net position-proprietary funds
e. Statement of net position -fiduciary funds
1. Depreciation expense on municipal parking garage assets
2. Gains on the sale of general fund county snowplowing equipment
3. Payroll deductions to be paid to tax authorities
4. Depreciation expense on general fund assets
5. Payments for general obligation debt principal
Required
Indicate on which of the City's financial statement(s) we would report each item of information. Choose from the following list of financial statements:
a. Government-wide statement of net position
b. Government-wide statement of activities
c. Statement of revenues, expenditures and changes in fund balances-governmental funds
d. Statement of revenues, expenses and changes in net position-proprietary funds
e. Statement of net position -fiduciary funds
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