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the above question The Town of Weston has a Water Utlity Fund with the following trial balance as of July 1, 2016, the first day
the above question
The Town of Weston has a Water Utlity Fund with the following trial balance as of July 1, 2016, the first day of the fiscal year: Debits Credits Cash Customer accounts receivable $ 330000 200,000 $ 30,000 Allowance for uncollectible accounts Materials and supplies Restricted assets (cash) Utility plant in service 120,000 250,000 000,000 ated depreciation-utility plant 2.600,000 100,000 Construction work in progress Accounts payable Accrued expenses payable Revenue bonds payable 120,000 75,000 3.500,000 1,675,000 Net position Totals During the year ended June 30, 2017, the following transactions and events occurred in the Town of Weston Water Utility FundStep by Step Solution
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