The following water and sewer fund information is available for the preparation of the financial statements for the City of Western Sands for the year ended December 31, 2017
Operating expenses: for services $18,087,000 Personnel services 6,177,000 2.995,000 888,000 1,992,000 5.422,000 29,000 100,000 434,000 1,632,000 365,000 2,700,000 Utilities Repairs and maintenance Interest revenue State aid (intergovernmental revenue) Interest expense Capital contributions Transfer to General Fund Net position, January 1, 2017
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 year ended December 31, 2017
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The following water and sewer fund information is available for the preparation of the financial statements for the City of Western Sands ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The annual interest rate of Marcella's savings account is 7.2%, and simple interest is calculated semi-annually. What is the periodic interest rate of Marcella's account? A. 0.8% B. 1.2% C. 3.6% D. 0.4%
Answers (1)
On December 31, after making a concerted effort, management determines that it will not be able to collect the $1,200 owed to it by its customer Acme, Inc. The company uses the direct write-off method to account for uncollectible accounts.
Answers (1)
It is time to develop a budget for marketing department activities for the next year. Your team is looking over the following costs.: 1. Office rent 2. Sales commissions 3. Promotional budget 4. Product development costs 5.
Answers (1)
Swan Finance Company, an accrual method taxpayer, requires all of its customers to carry credit life insurance. If a customer dies, the company receives from the insurance company the balance due on the customer's loan.
Answers (1)
The appropriate section in the statement of cash flows for reporting the issuance of common stock for cash is: a. Operating activities. b. Financing activities. c. Investing activities. d. Schedule of noncash investing or financing activity. e.
Answers (1)
New Questions in Business
Catherine and Jacob have a written contract to buy and sell "100 cases of widgets." The 100 cases is a typo, so after signing the contract they orally agree to modify the contract to "1,000 cases of widgets.
Answers (2)
Is accounts receivable a material component of the company's total current assets?
Answers (1)
Packaging that provides convenience, product quality, protection, or easy storage offers what kind of benefits to customers?
Answers (1)
Raphael observes that at the current level of interest rates there is an excess supply of bonds, and therefore he anticipates an increase in the price of bonds. Is Raphael correct? (A). Raphael is correct.
Answers (1)
Maria goes to a concert after her mother asked her not to go. The ticket price was $100, and Maria's mom found out and now doesn't trust her. What is the opportunity cost of Maria's choice to go to the concert?
Answers (1)