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AutoSave . Off) H Test 3 Part 2 - Saved to this PC Search A vy nguyen VN X File Home Insert Draw Design Layout References Mailings Review View Help Share Comments & Cut Find Calibri (Body) 18 ~ A" A Aa Ap AaBbCcDd AaBbCcDd AaBbC( AaBbCct Ad B AaBbCCD AaBbCcDd AaBbCcDd Paste [ Copy Gc Replace BIU ab X X A LA 1 Normal 1 No Spac.. Heading 1 Heading 2 Title Subtitle Subtle Em... Emphasis Dictate Editor Format Painter Select Clipboard Font Paragraph Styles Editing Voice Editor 1 . . . I . . . I . . . 2 . . . . . 3 . . . . . . 5 . 1 . . . 6 . . . . . . 7 . . The City of Fresh Springs created a Swimming Pool (Enterprise) Fund in 2020. (Hint: this means the beginning net position is $0.) Using the information listed below: . Record the closing journal entry. Prepare the Statement of Revenues, Expenses, and Changes in Fund Net Position for the City's Swimming Pool Fund for the Year Ended December 31, 2020. . Prepare the Statement of Net Position for the City's Swimming Pool Fund as of December 31, 2020. Assume that none of the Net Position is classified as Restricted. Account Debits Credits Accumulated depreciation 120,000 Administrative expense 120,000 Bank note payable (used to buy capital assets) 500,000 Building 800,000 Cash 95,000 Charges for services 1,130,000 Depreciation expense 120,000 Equipment 300,000 Interest expense 30,000 Land 300,000 Land improvement 400,000 Salaries expense 575,000 Supplies inventory 70,000 Transfer in from General Fund 1 200 000 Page 1 of 1 150 words DX English (United States) Focus + 100% O w 9:54 AM Type here to search ( ) ENG 3/2/2021AutoSave . Off) H Test 3 Part 2 - Saved to this PC Search A vy nguyen VN X File Home Insert Draw Design Layout References Mailings Review View Help Share Comments & Cut Find Calibri (Body) 18 ~ A" A Aa Ap AaBbCcDd AaBbCcDd AaBbC( AaBbCct Ad B AaBbCcD AaBbCcDd AaBbCcDd Gc Replace Paste [ Copy BIUab X X A LA 1 Normal 1 No Spac.. Heading 1 Heading 2 Title Subtitle Subtle Em... Emphasis Dictate Editor Format Painter Select Clipboard Font Paragraph Styles Editing Voice Editor 1 . . . 1 . . J . . . I . . 2 . 1 . . . 3 . . . I . 1 . . . 4 . . 1 . . . 5 . . . 1 . . . 6 . . . ) . . .7 . Record the closing journal entry. . Prepare the Statement of Revenues, Expenses, and Changes in Fund Net Position for the City's Swimming Pool Fund for the Year Ended December 31, 2020. . Prepare the Statement of Net Position for the City's Swimming Pool Fund as of December 31, 2020. Assume that none of the Net Position is classified as Restricted. Account Debits Credits Accumulated depreciation 120,000 Administrative expense 120,000 Bank note payable (used to buy capital assets) 500,000 Building 800,000 Cash 95,000 Charges for services 1,130,000 Depreciation expense 120,000 Equipment 300,000 Interest expense 30,000 Land 300,000 Land improvement 400,000 Salaries expense 575,000 Supplies inventory 70,000 Transfer in from General Fund 1,200,000 Utilities expense 140,000 Totals 2,950,000 2,950,000 Page 1 of 1 150 words DX English (United States) Focus + 100% 9:54 AM Type here to search O Ei X w ( ) ENG 3/2/2021