Prepare a statement of net assets for the town of Origno Internal Service Fund on June 30, 2006.

The adjusted trial balance of the Town of Origno Internal Service Fund on June 30, 2006, was as follows: Debit Credit Cash $ 4,300 Receivable from Enterprise Fund 3,000 Inventory of supplies (first-in, first-out cost) 32,150 Land 71,050 Building 313,750 Machinery and equipment 66,400 Accumulated depreciation of building. machinery, and equipment $163,900 Vouchers payable 7,150 Net Assets, July 1, 2005 318,400 Charges for services 81,200 Personal services expense 10,600 Supplies expense 42,150 Heat, light, and power expense 3,050 Depreciation expense 24,200 Totals $570,650 NET Assets: Prepare a statement of for the Town of Origno Internal Service Fund for the fiscal year ended June 30, 2006 $570,650 $81,200 & 10,600- 42,150- 3,050 24, 200 soooo Operating Reveneer Operation Expenses: / personal service expense supplice expense, heat, light a powef expense depreciation Xpere Excess of Revereces over expenses Fund Balafee, kepinning of the year w Fund Balgree, endling of the year 1,200 318, 400 6 319,600 The adjusted trial balance of the Town of Origno Internal Service Fund on June 30, 2006, was as follows: Debit Credit Cash $ 4,300 Receivable from Enterprise Fund 3,000 Inventory of supplies (first-in, first-out cost) 32,150 Land 71,050 Building 313,750 Machinery and equipment 66,400 Accumulated depreciation of building. machinery, and equipment $163,900 Vouchers payable 7,150 Net Assets, July 1, 2005 318,400 Charges for services 81,200 Personal services expense 10,600 Supplies expense 42,150 Heat, light, and power expense 3,050 Depreciation expense 24,200 Totals $570,650 NET Assets: Prepare a statement of for the Town of Origno Internal Service Fund for the fiscal year ended June 30, 2006 $570,650 $81,200 & 10,600- 42,150- 3,050 24, 200 soooo Operating Reveneer Operation Expenses: / personal service expense supplice expense, heat, light a powef expense depreciation Xpere Excess of Revereces over expenses Fund Balafee, kepinning of the year w Fund Balgree, endling of the year 1,200 318, 400 6 319,600