Question: Required: From the information given below, prepare, in good form, a Statement of Activities for the City of Anderson for the year ended June 30,

Required: From the information given below, prepare, in good form, a Statement of Activities for the City of Anderson for the year ended June 30, 2019.

Expenses:

Expenses:

General government

Public safety

Public works

Health and sanitation

Culture and recreation

Interest on long-term debt, governmental type

Water and sewer system

Parking system

$11,300,000

22,700,000

11,100,000

5,700,000

4,200,000

800,000

11,900,000

325,000

Revenues:

Charges for services, general government

Charges for services, public safety

Operating grant, public safety

Operating grant, health and sanitation

Charges for services, culture and recreation

Charges for services, water and sewer

Charges for services, parking system

Property taxes

Sales taxes

Investment earnings, business-type

2,000,000

200,000

900,000

1,400,000

3,000,000

13,000,000

400,000

27,500,000

19,800,000

300,000

Other Financing Sources (Uses):

Special item-gain on sale of unused land, governmental type

100,000

Net Position, July 1, 2018. governmental activities

13,000,000

Net Position, July 1, 2018, business-type activities

7,000,000

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