statement of net assets from the following information prepare a statement of net as 614501
Statement of net assets. From the following information, prepare a statement of net assets for the city of Lester as of June 30, 20X2.
|
Cash and cash equivalents, governmental activities |
$ 280,000 |
|
Cash and cash equivalents, business-type activities |
75,000 |
|
Receivables, governmental activities |
36,000 |
|
Receivables, business-type activities |
145,000 |
|
Inventories, business-type activities |
56,000 |
|
Capital assets, net, governmental activities |
1,500,000 |
|
Capital assets, net, business-type activities |
1,100,000 |
|
Accounts payable, governmental activities |
65,000 |
|
Accounts payable, business-type activities |
56,000 |
|
Noncurrent liabilities, governmental activities |
500,000 |
|
Noncurrent liabilities, business-type activities |
$300,000 |
|
Net assets, invested in capital assets, net, governmental activities |
800,000 |
|
Net assets, invested in capital assets, net, business-type activities |
700,000 |
|
Net assets, restricted for debt service, governmental activities |
65,000 |
|
Net assets, restricted for debt service, business-type activities |
36,000 |