P. 6-7 The conversion from fund 'o government-wide statements involves more than summing rhe funds The accompanying combined statement of revenues. exlynditures. and fund balance was drawn from the of Plant City, Horida. which. of general funds that are Shown. however, that Were the funds maintained by the City. l. a Wide Of net 'Xjsition (balance and a Of Make the follcewing assumptions: At yearerd the city had S4.39 million in cash equivalents (its only assets) in its capital projects fund. It other liabilities that fund of SO. 71 had neither assets nor liabilities in its debt senice fund. At year-end the city had million in capital assets ("construction in process and other It Of S2_ I million for the Accumulated at Was SIO_4 million. It $3.12 million in general Obligation long-term paid for the year was equal to interest expense. You need not beginning and ending balarxes of oct position, and the statement of activities can in the "traditional" format (i.e., with thc and in than columns).