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2 . The Village of Drusbosky, a general purpose government, reported fund balances in the amount of $ 2 4 , 1 0 0 ,
The Village of Drusbosky, a general purpose government, reported fund balances in the amount of $ in the governmental funds balance sheet dated June In addition, the following information is relevant:
A General government fixed assets amounted to $ Accumulated depreciation of those fixed assets amounted to $
B General longterm liabilities of the government amounted to $
C Property taxes, which should be recognized as receivables in the governmentwide statements, amounted to $ Property taxes recognized as receivables in the governmental funds balance sheet amounted to $; the remainder had been deferred, in accord with modified accrual accounting. Additionally, $ of property taxes had been deferred at the end of the previous year June and was recognized under modified accrual as revenue in the current year.
D Internal service funds net assets amounted to $ These were reported in the proprietary funds balance sheet.
E Liabilities, in addition to the amount reported in the governmental funds balance sheet included: accrued interest payable, $; compensated absences payable, $
Required: Prepare reconciliation from the fund balances recognized in the governmental funds balance sheet to the net assets recognized in the governmental funds column of the governmentwide Statement of Net Position for June Show adjustments singly and not combined with other items.
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