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plese help me to find the change in net position The following alphabetic listing displays selected balances in the govemmental activities accounts of Westover Village
plese help me to find the change in net position
The following alphabetic listing displays selected balances in the govemmental activities accounts of Westover Village as of June 30, 2017. Assume that beginning net position is $1,843 (in thousands) and that there were no changes in net position during the year other than those reflected in the selected account balances shown. For simplicity, assume that the village does not have business-type activities or component units. WESTOVER VILLAGE Governmental Activities Selected Account Balances (in thousands) For the Year Ended June 30, 2017 Debits Credits 12,552 and Recreation 9,771 56,500 1.400 General Revenues-Property Taxes 7,138 6,268 2,158 c Safety 35,044 4.195 2,650 3,346 1.043 5,812 and Program s for Services ating Grants s for Services 82 1,398 1,507 3,673 c Safety-Charges for Services Special Item-Gain on Sale of Park Land Prepare a (partial) statement of activities. (Enter your answers in thousands.) Statement of Activities (Partial) For the Year Ended June 30, 2017 (in thousands) Program Revenues Net (Expense) Charges for Operating Capital Changes in Grants Capital Revenue Net Assets 12,552 9,771 ,138 6,268 35,044 ulture and Recreation (5.707) (5,382) (1,326) (6,268) (32,057) (50,740) 3,346 5,812 1,043 Ith and Sanitation Interest on Long-term Debt c Safety Total Governmental Activities $ 1,507 1,398 70,773$14,751$ 5,200 $ 82 General Revenues: Taxes 56 Grants and Investment Eamings Total general revenues Special ItemGain on Sale of Park Land 60,058 3,67 63,731 Total general revenues and special tems Change in net position Net position July 1, 2016 Net positionJune 30, 2017 1,84 1,843Step by Step Solution
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