Chap018-baker 25

Chap018-baker 25 - $191,700 Unrestricted 83,300 Total Net...

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Chapter 18 - Governmental Entities: Special Funds and Government-Wide Financial Statements 18-25 E18-10 (continued) b. Bellevue Printing Shop Fund Statement of Net Assets December 31, 20X2 Assets: $ 68,900 Cash 20,300 Due from Other Funds 13,400 Inventory of Supplies $264,700 Furniture and Equipment (73,000) 191,700 Less: Accumulated Depreciation $294,300 Total Assets Liabilities: Vouchers Payable $ 19,300 Total Liabilities $ 19,300 Net Assets: Invested in Capital Assets, Net of Related Debt
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Unformatted text preview: $191,700 Unrestricted 83,300 Total Net Assets $275,000 c. Bellevue Printing Shop Fund Statement of Revenue, Expenses, and Changes in Fund Net Assets For Fiscal Year Ended December 31, 20X2 Revenue: Billings to Departments $292,000 Expenses: Costs of Printing Jobs $204,000 Operating 38,000 Depreciation 23,000 265,000 Income $ 27,000 Net Assets, January 1 248,000 Net Assets, December 31 $275,000...
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This note was uploaded on 10/09/2011 for the course ACC 253 taught by Professor Strimling during the Fall '11 term at Harper.

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