Question: Answer is not complete. table [ [ CITY OF SOUTHERN SPRINGS ] , [ Statement of Net Position ] , [ APRIL 3 0
Answer is not complete.
tableCITY OF SOUTHERN SPRINGSStatement of Net PositionAPRIL Primary GovernmenttableGovernmentalActivitiestableBusinessTypeActivitiestablePrimaryGovernmentAssets:Cash and Cash Equivalents,S The following information is available for the preparation of the governmentwide financial statements for the City of Southern Springs as of April :
Cash and cash equivalents, governmental activities $
Cash and cash equivalents, businesstype activities
Receivables, governmental activities
Receivables, businesstype activities
Inventories, businesstype activities
Capital assets, net, governmental activities
Capital assets, net, businesstype activities
Accounts payable, governmental activities
Accounts payable, businesstype activities
General obligation bonds, governmental activities
Revenue bonds, businesstype activities
Longterm liability for compensated absences governmental activities
Required:
From the preceding information, prepare a Statement of Net Position for the City of Southern Springs as of April Assume that outstanding bonds were issued to acquire capital assets and restricted assets total $ for governmental activities and $ for businesstype activities.
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