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Information About the Conversion of the Governmental Funds Change in Fund

Question 18

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Information about the conversion of the Governmental Funds Change in Fund Balance to the Statement of Activities Change in Net Position for the City of Six Mile is presented below all amounts are in thousands of dollars:
 Net increase in all governmental funds’ fund balances $1,300 Increase in deferred revenue all related to property taxes200 Increase in accrued interest on long-term liabilities12 Expenditures - capital asset 5,080 Expenditures - principal on capital related debt.3,000 Depreciation expenses on capital assets4,100 Proceeds from general long-term capital debt 3,500 Proceeds from the sale of capital assets book value of $2540 Increase in liability for compensated absences 30 Internal service net income520\begin{array}{llr} \text { Net increase in all governmental funds' fund balances }&\$1,300\\ \text { Increase in deferred revenue all related to property taxes}&200\\ \text { Increase in accrued interest on long-term liabilities}&12\\ \text { Expenditures - capital asset }&5,080\\ \text { Expenditures - principal on capital related debt.}&3,000\\ \text { Depreciation expenses on capital assets}&4,100\\ \text { Proceeds from general long-term capital debt }&3,500\\ \text { Proceeds from the sale of capital assets book value of \( \$ 25 \)}&40\\ \text { Increase in liability for compensated absences }&30\\ \text { Internal service net income}&520\end{array}

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