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[The following information applies to the questions displayed below] The Village of Seaside Pines prepared the following enterprise fund Trial Balance as of December 31,
[The following information applies to the questions displayed below] The Village of Seaside Pines prepared the following enterprise fund Trial Balance as of December 31, 2020, the last day of its fiscal year. The enterprise fund was established this year through a transfer from the General Fund Accounts payable Accounts receivable Accrued interest payable Accumulated depreciation Administrative and selling expenses Allowance for uncollectible accounts Capital assets Cash Charges for sales and services Cost of sales and services Depreciation expense Due from General Fund Interest expense Interest revenue Transfer in from General Fund Bank note payable Supplies inventory Totals Debits Credits $ 104,000 $ 26,100 29, 200 47,000 49,000 12,500 709,000 90,500 555,000 497,000 47,000 17,200 40,400 6,000 115,400 625,500 16,400 $1,494,600 $1,494,600 Prepare the reconciliation of operating income to net cash provided by operating activities that would appear at the bottom of the December 31 Statement of Cash Flows Recall that the beginning balance of all assets and liabilities is zero (Deductions should be entered as a negative amount.)
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