. The City of Jackson Hole reports the following summary fund financial statements for its General Fund:

Balance Sheet								Statement of Revenues, Expenditures, and Changes in Fund Balances
Cash					$142,250			Revenues
Receivables								Real estate taxes					$457,470
Real estate and personal property					12,240			Intergovernmental					83,538
Intergovernmental					126,577			Total revenues					541,008
Total assets					$281,067
								Expenditures
Payables					$14,485			General government					78,038
Deferred revenues					139,230			Public safety					52,026
Total liabilities					153,715			Education					312,154
Fund balances								Public works					26,013
Assigned					36,270			Human services					52,026
Unassigned					91,082			Debt principal payments					700
Total fund balances					127,352			Debt interest payments					100
Total liabilities and fund balances					$281,067			Total expenditures					521,057
								Excess (deficiency) of revenues over expenditures					19,951
								Other financing sources (uses)
								Proceeds from bonds					2,000
								Total other financing sources (uses)					2,000
								Net change in fund balances					$21,951
								Fund balances at beginning of year					105,401
								Fund balances at end of year					$127,352

Given these fund financial statements and the reconciliations in Part a, prepare the government-wide Statement of Net Position and identify the Revenues, Expenses and Change in Net Position that should be reported in the Statement of Activities for the year.

Complete the worksheet below to yield the Government-Wide financial statements using the fund financial statements above and journal entries completed in part a.

HINT: Use negative signs in the last column when appropriate.

Balance Sheet				Debit		Credit			Statement of Net Position
Cash	$142,250								Answer
Receivables:
Real estate & personal property	12,240								Answer
Intergovernmental	126,577								Answer
Capital assets, net	-		1	Answer					Answer
			2	Answer
Total Assets	$281,067								Answer
Payables	$14,485								Answer
Accrued interest	-					Answer			Answer
Bond and notes payable	-					Answer			Answer
Compensated advances	-					Answer			Answer
Landfill closure/postclosure care costs	-					Answer			Answer
Deferred revenues	139,230		5	Answer					Answer
			6	Answer
Total Liabilities	$153,715								Answer
Fund Balance	$127,352
Adjustments:			3	Answer		Answer		1
			7	Answer		Answer		5
			8	Answer
			9	Answer
Net income adjustments			calculated below			Answer
Fund balance (adjusted)	-								Answer
Total liabilities and fund balances	$281,067								Answer
Statement of Revenues, Expenditures and Changes in Fund Balances				Debit		Credit			Statement of Activities
Total revenue	$541,008					Answer			Answer
Total expenditures	521,057								Answer
Adjustments:
Debt principal payments						Answer			Answer
Depreciation/capital outlay			2	Answer		Answer			Answer
Compensated absences			7	Answer					Answer
Interest expense			8	Answer					Answer
Total expenses									Answer
Misc. adjustments
Proceeds from bonds	2,000			Answer					Answer
Excess (Deficiency) of Revenues over Expenditures/Change in Net Position
	$21,951			Answer		Answer			Answer