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Please fill out this table. only had trouble with the last part. The Town of Weston has a Water Utility Fund with the following trial
Please fill out this table. only had trouble with the last part.
The Town of Weston has a Water Utility Fund with the following trial balance as of July 1, 2019, the first day of the fiscal year: During the year ended June 30, 2020, the following transactions and events occurred in the Town of Weston Water Utility Fund: 1. Accrued expenses at July 1 were paid in cash 2. Billings to nongovernmental customers for water usage for the year amounted to $1,453,000; billings to the General Fund amounted to $121,000 3. Liablities for the following were recorded during the year: 4. Moterials and supplies were used in the amount of $305,000, all for costs of sales and setvices 5. After collection efforts were unsuccessful, $15,200 of old accounts receivable were written off 6. Accounts recelvable collections totaled \$1,541,000 from nongovemmental customers and $52,000 from the General Fund. 7. 51,111.800 of accounts payable were paid in cash. 8. One year's interest in the amount of $188,200 was paid 9. Construction was completed on plant assets costing $263,000; that amount was transterred to Utility Plant in Service. 10. Depreciation was recorded in the amount of $273100 11. The Aliowance for Uncollectible Accounts was increased by $13.000 12. As required by the loan agreement, cast in the amount of \$115.000 was transferred to Restricted Assets for eventual redemption of the bonds. 13. Accrued expenses, bll related to costs of soles and services, amounted to $11t.000. 14. Nominal accounts tor the year were closed TOWN OF WESTON WATER UTILTY FUND Statement of Cash Flowe For the Year Ended June 30, 2020 4. Required 0 The Town of Weston has a Water Utility Fund with the following trial balance as of July 1, 2019, the first day of the fiscal year: During the year ended June 30, 2020, the following transactions and events occurred in the Town of Weston Water Utility Fund: 1. Accrued expenses at July 1 were paid in cash 2. Billings to nongovernmental customers for water usage for the year amounted to $1,453,000; billings to the General Fund amounted to $121,000 3. Liablities for the following were recorded during the year: 4. Moterials and supplies were used in the amount of $305,000, all for costs of sales and setvices 5. After collection efforts were unsuccessful, $15,200 of old accounts receivable were written off 6. Accounts recelvable collections totaled \$1,541,000 from nongovemmental customers and $52,000 from the General Fund. 7. 51,111.800 of accounts payable were paid in cash. 8. One year's interest in the amount of $188,200 was paid 9. Construction was completed on plant assets costing $263,000; that amount was transterred to Utility Plant in Service. 10. Depreciation was recorded in the amount of $273100 11. The Aliowance for Uncollectible Accounts was increased by $13.000 12. As required by the loan agreement, cast in the amount of \$115.000 was transferred to Restricted Assets for eventual redemption of the bonds. 13. Accrued expenses, bll related to costs of soles and services, amounted to $11t.000. 14. Nominal accounts tor the year were closed TOWN OF WESTON WATER UTILTY FUND Statement of Cash Flowe For the Year Ended June 30, 2020 4. Required 0 Step by Step Solution
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