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In the spreadsheet below, determine the amount and manner in which each line item would be handled in reconciling the net change in fund balance
In the spreadsheet below, determine the amount and manner in which each line item would be handled in reconciling the net change in fund balance to the change in net assets, government activities. Enter decreases as negative numbers. A B 1 Net change in fund balance $750,000 123 2 Capital outlay expenditures 123 3 Principal payments on debt 4 Asset disposal 123 5 Sources of funds (bond proceeds) 123 123 6 Revenue accrual 123 7 Interest accrual 8 Depreciation expense 123 9 Internal service fund net income 123 10 Change in net position, governmental activities $750,000 The financial statements of Tarbet Township contain the following data regarding operating results: 750,000 Changes in governmental fund balances Capital outlay expenditures 350,000 80,000 125,000 1,250,000 Debt service expenditures - principal Debt service expenditures - interest Proceeds from issuance of long-term debt Net revenue from enterprise funds Net revenue from internal service funds Change in net assets for fiduciary funds Depreciation on general governmental assets 650,000 15,000 235,000 175,000
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