List the combining financial statements required


Assignment task: Hopeless County's fund structure is as follows:

  • General Fund
  • Three Special Revenue Funds
  • One Capital Projects Fund
  • Two Debt Service Funds
  • Three Internal Service Funds
  • Five Enterprise Funds

Assume that Special Revenue Fund #1, the Capital Projects Fund, Enterprise Fund #1, and Enterprise Fund #4 are major funds.

Required:

1. List the headings of the columns to be included in each of Bowles County's basic financial statements.

2. List the combining financial statements required in the Bowles County CAFR.

3. List the headings of the columns that should be included in each combining statement.

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Accounting Basics: List the combining financial statements required
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