The following trial balance for City of Happyday represents accrual data for governmental
activities taken from the completed conversion worksheet:
Account				Debits	Credits
Cash				$ 400,000
Investment				800,000
Property Taxes receivable (net)				250,000
Capital Assets (net)				5,950,000
Expenses-General Government				1,230,000
Expenses- Public Safety				950,000
Expenses- Parks & Recreation				530,000
Expenses- Interest				175,000
Transfers Out to Business Activities				200,000
Accounts Payable & other current liabilities					$ 85,000
L T Compensated Absences Liability					1,200,000
Capital Leases payable					750,000
Bonds Payable ( City Hall construction)					2,000,000
Premium on bonds					15,000
Net Position at beginning of year					1,975,000
Property Tax Revenues					3,700,000
Special Items- Gain on land					300,000
Park Fees					195,000
Grant for Police Training					215,000
Investment Earnings					50,000
				$ 10,485,000	$ 10,485,000
Requirements:
1. Complete the activity statement (L-shaped) included on the next page of the test booklet. PLEASE HELP ME TO FINISHED THIS THE ENDING NET POSITION SHOULD BE 3,350,000

City of Happyday Government Wide Statement of Activities 16 points Expenses Program Revenues Net (expenses) Revenues and Changes in net Position Expenses Changes for Services Capital Grants Covernmental Activities eneral Government $1,230,000 2,000,000 ublic Safety 950,000 arks and Recreation 530,000 195,000 terest 175,000 otal Governmental Activities $2,885,000 195,000 $2,000,000 General Revenues: Property Taxes General Revenues:Investment Income Special Item: Sale of Land Transfers Total General Revenues,special items and transfers Change in Net Position Beginning Net Position Ending Net Position $3,350,000