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Preparing Government-wide Financial Statements I really just need help understanding how to connect the information from the statements given and transfer that to the goverment-wide

Preparing Government-wide Financial Statements

I really just need help understanding how to connect the information from the statements given and transfer that to the goverment-wide statments. Please explain any calculations that are completed so I can learn to understand how the information is converted into government-wide format and in general which statment each amount on the government-wide statements come from. That would much appreciated. Thanks!

This is problem 18-13 from Advanced Accounting 5th Edition by Debra C. Jeter and Paul K. Chaney.

Preparing Government-wide Financial Statements Circus City issued an 8%, 10-year $2,000,000 bond to build a monorail mass transit system. The city received $1,754,217 cash from the bond issuance on January 1, 2012. The bond yield is 10%. Interest is paid annually on December 31 of each year. Disclosure information about capital assets is reported below.

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* Revenues from licenses and permits are assigned to highways and streets ($100,000) and to the general government ($50,000).

Required: Using the information above, prepare the statement of activities and the statement of net assets on a government-wide basis (using full accrual accounting). The beginning fund balance in the government-wide Statement of Net Assets is $2,686,283.

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