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Required: Using the information provided, prepare in good form a reconciliation of the net change in governmental fund balances to the change in net position
Required: Using the information provided, prepare in good form a reconciliation of the net change in governmental fund balances to the change in net position of governmental activities for the City of Edward.
1. Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position. (LO9-4) The following information has been provided for the City of Elizabeth for its fiscal year ended June 30. The information provided relates to financial information reported on the city's statement of net position and its total governmental funds balance. page 419 Required Using the information provided, prepare in good form a reconciliation of the governmental fund balances to the net position of governmental activities. (Hint: See Illustrations 9-7 and A2-4.) 12. Operating Statements Reconeiliation. (LO9-4) The following information has been provided by the City of Edward for its most rocent December 31 fiscal year-end. The information provided relates to financial information neoded to reconcile the net change in governmental fund balances to the change in net position of govemmental activities. 1. Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position. (LO9-4) The following information has been provided for the City of Elizabeth for its fiscal year ended June 30. The information provided relates to financial information reported on the city's statement of net position and its total governmental funds balance. page 419 Required Using the information provided, prepare in good form a reconciliation of the governmental fund balances to the net position of governmental activities. (Hint: See Illustrations 9-7 and A2-4.) 12. Operating Statements Reconeiliation. (LO9-4) The following information has been provided by the City of Edward for its most rocent December 31 fiscal year-end. The information provided relates to financial information neoded to reconcile the net change in governmental fund balances to the change in net position of govemmental activitiesStep by Step Solution
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