Listed bellow the required operating statements for a county government:
Required
On which statement(s) would each of the following accounts appear? Identify the financial statement(s) by number. The account may appear on one statement or more than one statement, or none of the operating statements. If the account is not reported on any of the above statements, your answer is N/A.
-Fund statement: Statement of revenues, expenses, and changes in net position-proprietary funds
A) Change in net position
B) Deductions: distributions of sales taxes to towns
C) Inventories
D) Expenses for water and sewer services (enterprise fund)
E) Proceeds from sale of equipment (general fund)
F) Changes in fair value of income investments
G) Additions: employer contributions to pension plans
H) Deferred inflows: derivatives
I) Change in pension liability due to change in assumptions
J) Increase in expected present value of asset retirement obligation (enterprise fund)
Correct Answer:
Verified
Q90: Listed bellow the required operating statements for
Q91: Listed bellow the required operating statements for
Q92: Listed bellow the required operating statements for
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Q94: Listed bellow the required operating statements for
Q96: Listed bellow the required operating statements for
Q97: Here are financial statements shown in a
Q98: Here are financial statements shown in a
Q99: Here are financial statements shown in a
Q100: Here are financial statements shown in a
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