From the information given below prepare in good form a


The following information is available for the preparation of the government-wide financial statements of the City of ABC as of June 30, 2016:

Accounts payable, business-type activities                                            $     210,000

Accounts payable, governmental activities                                                   400,000

Capital assets, net, business-type activities                                                 10,400,000

Capital assets, net, governmental activities                                                  12,900,000

Cash and cash equivalents, business-type activities                                       900,000

Cash and cash equivalents, governmental activities                                        1,600,000

Inventories, business-type activities                                                            600,000

Net assets, restricted for debt service, business-type activities                        400,000

Net assets, restricted for debt service, governmental activities                         650,000

Non-current liabilities, business-type activities                                               3,700,000

Non-current liabilities, governmental activities                                                5,640,000

Receivables, business-type activities                                                            1,330,000

Receivables, governmental activities                                                             500,000

Assume all long-term liabilities were incurred in the acquisition of capital assets. From the information given above, prepare, in good form, a Statement of Net Position for the City of ABC as of June 30, 2016.

Include the unrestricted net assets, which is to be computed from the information presented above. Include a total column. ABC has no component units.

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Cost Accounting: From the information given below prepare in good form a
Reference No:- TGS02603580

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