The following water and sewer information is available for the preparation of the financial statements...
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Accounting
- The following water and sewer information is available for the preparation of the financial statements for the County of Augusta for the year ended June 30, 2017:
| Operating revenuescharges for services Operating expenses: Personal services Contractual services Utilities Repairs and maintenance Depreciation Interest revenue Interest expense Capital contributions Transfer to General Fund Net position, July 1, 2016
| $17,590,000
9,490,000 1,822,000 880,000 1,580,000 2,640,000 130,000 360,000 997,000 950,000 2,720,000 |
Required: From the information given above, prepare, in good form, a Water and Sewer Fund column for the proprietary fund Statement of Revenues, Expenses, and Changes in Fund Net Position for the County of Augusta for the Year Ended June 30, 2017.
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