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Case Listed below are ten independent transactions. For each one, show the impact [Increase (0) Decrease (D), or No Effect (NE)) on the line item
Case Listed below are ten independent transactions. For each one, show the impact [Increase (0) Decrease (D), or No Effect (NE)) on the line item indicated for each of the following financial statements: (Do NOT leave a line blank.) A. Statement of Activities -- government-wide (governmental activities) (line item_"Change in Net Position" B. Statement of Revenues, Expenditures, and Changes in Fund Balances -- governmental funds (line item) Net Change in Fund Balances" C. Statement of Revenues, Expenses, and Changes in Fund Net Position - proprietary funds (line item) "Change in Net Position" A B C 1. Depreciation expense 2. Acquire capital assets 3. Issue long-term bonds payable 4. Pay interest on these bonds (Interest expense had been accrued). 5. Grant from state government_ 6. Original budgetary entry 7. Set up encumbrance for purchase order_ 8. Closing entries (operating accounts) 9. Accrue property tax revenue (general fund) 10. Transfer from general fund to internal service fund_
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