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need the answers only. in chart form too please Following is the govemmental activities preclosing trial bolance for the Town of Freaz. Freaz is a
need the answers only. in chart form too please
Following is the govemmental activities preclosing trial bolance for the Town of Freaz. Freaz is a relatively smail town and, as a resuit, it has only governmental funds (Le., It uses no proprietary funds). There are no component units. To complete the financial statements for its annual report, the town must prepare a government-wide statement of net position and a statement of activities. The restricted net position for debt service increased $125 for FY 2023 . The net position accounts do not reflect FY 2023 depreciation of $1,660 that was allocated to the functions of government. (All 000 s omitted.) Required Using the trial balance provided by the town, prepare a government-wide statement of net position. (Enter your answers in thousands.) Using the trial balance provided by the town, prepare a government-wide statement of ne thousands.) Step by Step Solution
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