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The following information is available for the preparation of the government$-$wide financial statements for the City of Southern Springs as of April $30,2020$:

Cash and cash equivalents, governmental activities

Cash and cash equivalents, business$-$type activities

Receivables, governmental activities

Receivables, business$-$type activities

Inventories, business$-$type activities

Capital assets, net, governmental activities

Capital assets, net, business$-$type activities

Accounts payable, governmental activities

Accounts payable, business$-$type activities

Noncurrent liabilities, governmental activities

Noncurrent liabilities, business$-$type activities

Net position, net investment in capital assets, governmental activities

Net position, net investment in capital assets, business$-$type activities

Net position, restricted for debt service, governmental activities

Net position, restricted for debt service, business$-$type activities

$$3,560,000$

$807,000$

$598,000$

$1,219,000$

$480,000$

$9,733,000$

$10,418,000$

$599,000$

$608,000$

$5,036,000$

$2,986,000$

$4,747,000$

$7,482,000$

$695,000$

$209,000$

From the above information, prepare a Statement of Net Position for the City of Southern Springs as of April $30,2020.($Calculate and include the unrestricted net position.$)$

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The following information is available for the preparation of the government$-$wide financial statements for the City of Southern Springs as of April $30,2020$:

Cash and cash equivalents, governmental activities

Cash and cash equivalents, business$-$type activities

Receivables, governmental activities

Receivables, business$-$type activities

Inventories, business$-$type activities

Capital assets, net, governmental activities

Capital assets, net, business$-$type activities

Accounts payable, governmental activities

Accounts payable, business$-$type activities

Noncurrent liabilities, governmental activities

Noncurrent liabilities, business$-$type activities

Net position, net investment in capital assets, governmental activities

Net position, net investment in capital assets, business$-$type activities

Net position, restricted for debt service, governmental activities

Net position, restricted for debt service, business$-$type activities

$$3,560,000$

$807,000$

$598,000$

$1,219,000$

$480,000$

$9,733,000$

$10,418,000$

$599,000$

$608,000$

$5,036,000$

$2,986,000$

$4,747,000$

$7,482,000$

$695,000$

$209,000$

From the above information, prepare a Statement of Net Position for the City of Southern Springs as of April $30,2020.($Calculate and include the unrestricted net position.$)$

Prev

$2$ of $10$

Next

Week $4$PP$.$pdf

Your Privacy Choices

share sensitive info.

DO NOT SELL MY INFO

week $4-$ Copy.pdf

Week $4$PP$.$pptx

week two j $(1).$pdf

week two j$.$pdf

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