Question: E15-3 (Combining Financial Statements) Bowles Countys fund structure is as follows: General Fund Three Special Revenue Funds One Capital Projects Fund Two Debt Service Funds
E15-3 (Combining Financial Statements) Bowles Countys 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:
A. List the headings of the columns to be included in each of Bowles Countys basic financial statements.
B. List the combining financial statements required in the Bowles County CAFR.
C. List the headings of the columns that should be included in each combining statement.
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