The following information is available for the preparation of the government-wide financial statements for the City of
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The following information is available for the preparation of the government-wide financial statements for the City of Southern Springs as of April 30, 2020:
From the preceding information, prepare (in good form) a Statement of Net Position for the City of Southern Springs as of April 30, 2020. Assume that outstanding bonds were issued to acquire capital assets and restricted assets total $554,000 for governmental activities and $200,000 for business-type activities. Include a Total column.
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Essentials Of Accounting For Governmental And Not-for-Profit Organizations
ISBN: 9781260570175
14th Edition
Authors: Paul Copley
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