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The following Information Is avallable for the preparation of the government-wide financlal statements for the City of Southern Springs as of April 30, 2020: From
The following Information Is avallable for the preparation of the government-wide financlal statements for the City of Southern Springs as of April 30, 2020: From the preceding Information, prepare a Statement of Net Position for the City of Southern Springs as of April 30, 2020. Assume that outstanding bonds were issued to acquire capltal assets and restricted assets total $554,000 for governmental actlvitles and $200,000 for business-type actlvitles. (Negatlve amounts should be Indlcated by a minus sign.)
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