Items 63 through 72 represent the 2019 transactions that Sun city reported as reconciling items on its governmental fund financial statements. In accordance with GASB 34, basic Financial statements - and Management's Discussion and Analysis - for State and Local Governments, a reconciliation must be shown of the items that cause the difference between (1) the total change of the fund balances that appears on the governmental fund financial statements and (2) the total change of net positions that are disclosed for governmental activities on the government-wide financial statements. For each item, indicate whether the item should be added, deducted, or not included in the reconciliation. Select your answer from the list blow. An answer may be selected once, more than once, or not at all.

List

A. Added

D. Deducted N. Not included

63. Sun city reported $2,000,000 depreciation expenses for general fixed assets on its G-W financial statements.

64. Sun city issued $5,000,000 of revenue bonds.

65. Sun city's general fund reported $2,000 of property tax revenues as deferred revenues, because the amount is not available to finance current expenditures. 66. Sun city's capital project fund issued $10,000,000 of general obligation bond to finance the construction of a new citizen center.

67. Sun reported $10,000 of accrued interest expenses related to the bond in above on its government-wide financial statements.

68. Sun's general fund paid $200,000 of salaries to employee who work for the governmental fund.

69. The state owes Sun city $20,000 for the city's share of the state sales tax as a result of retail transactions that occurred during 2019. However, this amount will not be remitted until March of 2020.

70. Sun city's debt service fund repaid $500,000 of 9% 20-year term bond.

71. Sun's general fund used $40,000 to acquire police car.

72. Sun's Water enterprise billed $20,000 general fund for water usage.