C12-2(Fiduciary Fund Financial Statement PreparationCity of Wilmington, Delaware) The City of Wilmington, Delaware, has an...
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CFiduciary Fund Financial Statement PreparationCity of Wilmington, Delaware The City of Wilmington, Delaware, has an Other Postemployment Benefit Trust Fund and a Tax Collection Agency Fund. The Preclosing Trial Balance for each of these funds as of June X is as follows: City of Wilmington, DelawareOther Postemployment Benefit Trust FundPreclosing Trial BalanceJune XDrCrCash and cash equivalents$ Interest receivableInvestmentsEmployer contributions$ Employee contributionsInterest incomeIncrease in fair market value of investmentsBenefits paidAdministrative expensesNet positionrestricted for benefitsTotals$$ City of Wilmington, DelawareTax Collection Agency FundPreclosing Trial BalanceJune XDrCrCash and cash equivalents$ Due from other governmentsDue to other governments$ Due to other fundsTotals$ $ Required Prepare a Statement of Fiduciary Net Position for the city of Wilmington as of June X and a Statement of Changes in Fiduciary Net Position for the year ended June X
CFiduciary Fund Financial Statement PreparationCity of Wilmington, Delaware The City of Wilmington, Delaware, has an Other Postemployment Benefit Trust Fund and a Tax Collection Agency Fund. The Preclosing Trial Balance for each of these funds as of June X is as follows:
City of Wilmington, DelawareOther Postemployment Benefit Trust FundPreclosing Trial BalanceJune XDrCrCash and cash equivalents$ Interest receivableInvestmentsEmployer contributions$ Employee contributionsInterest incomeIncrease in fair market value of investmentsBenefits paidAdministrative expensesNet positionrestricted for benefitsTotals$$
City of Wilmington, DelawareTax Collection Agency FundPreclosing Trial BalanceJune XDrCrCash and cash equivalents$ Due from other governmentsDue to other governments$ Due to other fundsTotals$ $
Required
Prepare a Statement of Fiduciary Net Position for the city of Wilmington as of June X and a Statement of Changes in Fiduciary Net Position for the year ended June X
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