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ACC4243 Not-for-Profit Accounting Chapter 10 Handout Problem Below is the Pre-Closing Trial Balance of the City of Fraez at June 30, 2018 for Government Wide accounts. Prepare a Statement of Net Position and a Statement of Activities in good form using Excel. There are no Business-Type activities or Component Units. Fraez City Preclosing Trial Balance June 30, 2018 3,639 7,299 5,788 Cash Investments Taxes Receivable-Delinquent Estimated Uncollectible Delinquent Taxes Land Buildings Accumulated Depreciation - Buildings Infrastructure Accumulated Depreciation Infrastructure Machinery&Equipment Accumulated Depreciation - Machinery & Equipment Accounts Payable Accrued Liabilities Bonds Payable ($8,600 Current) Net Position- Net Invested in Capital Assets, 6-30-2018 Net Position - Unrestricted, 6-30-2018 Program Revenues-General Government Charges for Services Program Revenues Public Safety-Charges for Services Program Revenues Parks & Recreation-Charges for Services Program Revenues-General Government Operating Grants Program Revenues-Public Works - Capital Grants& Contributions General Revenues-Property Taxes General Revenues- Interest & Penalties General Revenues- Interest Income Expenses-General Government Expenses - Public Safety Expenses- Public Works Expenses -Parks & Recreation Expenses -Interest on Long-Term Debt Totals $ 49 15,708 25,680 8,021 85,768 45,603 28,720 13,785 8,512 4,765 37,300 5,259 8,721 4,411 996 359 307 1,680 13,665 746 345 2,468 11,577 5,311 1,817 749 $194,524 $194,524

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