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The following information is available for the preparation of the government - wide financial statements of the City of Bloomfield as of June 3 0
The following information is available for the preparation of the governmentwide financial statements of the City
of Bloomfield as of June :
Accounts payable, businesstype activities
Accounts payable, governmental activities
Capital assets, net, businesstype activities
Capital assets, net, governmental activities
Cash and cash equivalents, businesstype activities
Cash and cash equivalents, governmental activities
Inventories, businesstype activities
Net Position, restricted for debt service, businesstype activities
Net Position, restricted for debt service, governmental activities
Net Position, net investment in capital assets, businesstype activities
Net Position, net investment in capital assets, governmental activities
Noncurrent liabilities, businesstype activities
Noncurrent liabilities, governmental activities
Receivables, businesstype activities
Receivables, governmental activities
Assume all longterm liabilities were incurred in the acquisition of capital assets.
From the information given above, prepare, in good form, a Statement of Net Position for the City of Bloomfield as
of June Include the unrestricted net position, which is to be computed from the information presented
above. Include a total column. Aurora has no component units.
CITY OF BLOOMFIELD
STATEMENT OF NET POSITION
June
Governmental
Activities
Busines
Type
Activities
Assets:
Total Assets
Liabilities:
Total Liabilities
Net Position:
Net investment in capital assets
Restricted for Debt Service
Unrestricted
Total Net Position The following information is available for the preparation of the governmentwide financial statements of the City of Bloomfield as of June
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