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Please use one of the following answers for the three missed: Capital Assets, Restricted and Unrestricted.... Thank you. The following information is available for the
Please use one of the following answers for the three missed: Capital Assets, Restricted and Unrestricted.... Thank you.
The following information is available for the preparation of the government-wide financial statements for the City of Southern Springs as of April 30, 2020 : From the preceding information, prepare a Statement of Net Position for the City of Southern Springs as of April 30 , 2020 . Assume that outstanding bonds were issued to acquire capital assets and restricted assets total $881,000 for governmental activities and $365,000 for business-type activities. (Negative amounts should be indicated by a minus sign) Accounts Payable Bonds Payable Capital Assets, Net Cash and Cash Equivalents Compensated Absences Payable Inventories Net Investment in Capital Assets Receivables Restricted Unrestricted The following information is available for the preparation of the government-wide financial statements for the City of Southern Springs as of April 30, 2020 : From the preceding information, prepare a Statement of Net Position for the City of Southern Springs as of April 30 , 2020 . Assume that outstanding bonds were issued to acquire capital assets and restricted assets total $881,000 for governmental activities and $365,000 for business-type activities. (Negative amounts should be indicated by a minus sign) Accounts Payable Bonds Payable Capital Assets, Net Cash and Cash Equivalents Compensated Absences Payable Inventories Net Investment in Capital Assets Receivables Restricted UnrestrictedStep by Step Solution
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