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3 Below is information on total assets for various funds of the City of Dublin (all amounts are in thousands of dollars). Fund Assets General
3 Below is information on total assets for various funds of the City of Dublin (all amounts are in thousands of dollars). Fund Assets General $1,300 Federal Grants Special Revenue 500 State Grants Special Revenue 200 City Hall Capital Projects 900 Debt Service 700 Water and Sewer Enterprise 8,000 Swimming Pool Enterprise 1,000 Fleet Management Internal Service 10,800 Employee Pension Fund 6,500 Requirement: Prepare a schedule computing the threshold for asset amounts that should be used to determine which funds must be reported as major. Identify which funds are major funds
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