Question: Dorrian Countys fund structure is as follows: General Fund 3 Special Revenue Funds 1 Capital Projects Fund 2 Debt Service Funds 4 Private-Purpose Trust Funds

Dorrian County’s fund structure is as follows:
General Fund
3 Special Revenue Funds
1 Capital Projects Fund
2 Debt Service Funds
4 Private-Purpose Trust Funds
3 Internal Service Funds
5 Enterprise Funds
General Capital Assets and General Long-Term Liabilities accounts
Assume that Dorrian County determines that Special Revenue Fund A, its Capital Projects Fund, Enterprise Fund C, and Enterprise Fund D meet the major fund size criteria.

Required
a. What column headings would the county need to present in its governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balances?
b. What column headings would the county need to present in its proprietary funds Statement of Revenues, Expenses, and Changes in Net Position?

Step by Step Solution

3.44 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a The required column headings for the governmental funds Statement of Reven... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

342-B-A-G-F-A (4528).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!