The Town of Weston has a Water Utility Fund with the following trial balance as of July $1,2023,$ the first day of the fiscal year:

$\backslash$table$[[$Cash$,$Debits,Credits$],[$Customer accounts receivable,$$348,000,],[$Allowance for uncollectible accounts,$210,800,],[$Materials and supplies,$131,200,$$$31,800$

Required:

a$.$ Record the transactions for the year in general journal form.

b$.$ Prepare a Statement of Revenues, Expenses, and Changes in Fund Net Position.

c$.$ Prepare a Statement of Net Position as of June $30,2024.$

d$.$ Prepare a Statement of Cash Flows for the year ended June $30,2024.$ Assume all debt and interest are related to capital outlay. Assume the entire construction work in progress liability $($see item $3)$ was paid in entry $7.$ Include restricted assets as cash and cash equivalents.

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Required B

Record the transactions for the year in general journal form.

Note: If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.

The Town of Weston has a Water Utility Fund with the following trial balance as of July $1,2023,$ the first day of the fiscal year:

$\backslash$table$[[,$Debits,Credits$],[$Cash$,$$$348,000,],[$Customer accounts receivable,$210,800,],[$Allowance for uncollectible accounts,,$],[$Materials and supplies,$131,200,],[$Restricted assets $($cash$),266,000,],[$Utility plant in service,$7,029,000,],[$Accumulated depreciation$-$utility plant,,$],[$Construction work in progress,$118,000,2,629,000$