Consider the following information for the City of Daysville for the year ended December 31, 2014. Expenses-parking
Question:
Expenses-parking garage (enterprise fund)$ 1,200,000
Expenses-general government52,000,000
Expenses-public safety36,000,000
Expenses-health and sanitation15,000,000
General property taxes62,000,000
Unrestricted grants and contributions6,000,000
Interest on general long-term debt420,000
Charges for general government services20,000,000
Charges for parking services1,300,000
Charges for public safety services2,500,000
Charges for health services8,100,000
State grants for public safety4,000,000
Gain on sale of general capital assets200,000
Investment income-governmental activities210,000
Beginning of year net position-governmental activities120,000,000
Beginning of year net position-business-type activities40,000,000
Required
Prepare, in good form, the government-wide statement of activities of Daysville for the year 2014.
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Related Book For
Advanced Accounting
ISBN: 978-1934319307
2nd edition
Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III
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