Accounting for Governmental & Nonprofit Entities 17th Edition by Jacqueline Reck,Suzanne Lowensohn,Earl Wilson

Exercise 8

The computer department of a certain city, a General Fund department, charges other funds for data processing services. At the end of the fiscal year, the General Fund is owed $5,000 by the City Library Fund (a special revenue fund) and $8,000 by the City Electric Fund (an enterprise fund) for service billed but still unpaid. How would these interfund receivables and payables be reported in the Governmental Activities column of the government-wide statement of net position?