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HELP PLEASE! Preparation of governmental funds balance sheet Ted's Village...

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Accounting

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Preparation of governmental funds balance sheet Ted's Village has five governmental funds: a General Fund, a Debt Service Fund, and three Special Revenue Funds. It has no proprietary funds. The following information is available at December 31,2022 for each of the funds. a) Identify which of the funds are major funds as defined in GASB Statement No. 34, amended by GASB Statement No. 37. b) Prepare a balance sheet for Ted's Village as of December 31,2022 . Show the major funds in separate columns and group the nonmajor funds in a single column. Enter assets, liabilities, and fund balances in order of magnitude (largest to smallest)

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