The following information is available for the preparation of the government-wide financial statements of the City of Aurora as of June 30,2014:
Assume all long-term liabilities were incurred in the acquisition of capital assets.
Required:
From the information given above,prepare,in good form,a Statement of Net Assets for the City of Aurora as of June 30,2014.Include the unrestricted net assets,which is to be computed from the information presented above.Include a total column.Aurora has no component units.

Question

The following information is available for the preparation of the government-wide financial statements of the City of Aurora as of June 30,2014:
  Assume all long-term liabilities were incurred in the acquisition of capital assets.
Required:
 From the information given above,prepare,in good form,a Statement of Net Assets for the City of Aurora as of June 30,2014.Include the unrestricted net assets,which is to be computed from the information presented above.Include a total column.Aurora has no component units.

Quizplus · Accepted Answer

The Answer of The following information is available for the preparation of the government-wide financial statements of the City of Aurora as of June 30,2014:
  Assume all long-term liabilities were incurred in the acquisition of capital assets.
Required:
 From the information given above,prepare,in good form,a Statement of Net Assets for the City of Aurora as of June 30,2014.Include the unrestricted net assets,which is to be computed from the information presented above.Include a total column.Aurora has no component units.

The Following Information Is Available for the Preparation of the Government-Wide