Prepare the reconciliation of total fund balance to net assets for governmental activities for the following City, given the following information.

All governmental funds' fund balances $13,000,000

Deferred revenue related to property taxes 2,000,000

Accrued interest on long-term liabilities 1,200,000

General capital assets 10,800,000

Accumulated depreciation on capital assets 4,100,000

General long-term liabilities:

Bonds payable for capital assets 5,700,000

Liability for compensated absences 3,200,000

Internal service fund serving governmental activities

Net assets 3,000,000

Capital assets net of accumulated depreciation 1,700,000

Liability, capital related 500,000

All working out needed please

You do not have an amount to come back to as the total of the governmental activities - government wide was not given

2) Your starting point is the total of all governmental funds fund balance

All possible reconciling items are not given here - keeping it simple- just the basicWhile there is an arithmetic calculation to be done, more important is that you grasp the

differences in accounting in governmental funds and accounting government wide in the governmental activities in the Balance Sheet government wide - Statement of Net Position or Statement of Net Assets that you may see elsewhere as in your text

that is the clarification I got.