The Town of Portsmouth has at the beginning of the year a $213,000 Net Asset balance, and a $52,000 Fund Balance.
The following information relates to the activities within the Town of Portsmouth for the year of 2013.
Prepare a Statement of Revenues, Expenditures and Changes in Fund Balances

Question

The Town of Portsmouth has at the beginning of the year a $213,000 Net Asset balance, and a $52,000 Fund Balance.
The following information relates to the activities within the Town of Portsmouth for the year of 2013.  
Prepare a Statement of Revenues, Expenditures and Changes in Fund Balances

Quizplus · Accepted Answer

The Answer of The Town of Portsmouth has at the beginning of the year a $213,000 Net Asset balance, and a $52,000 Fund Balance.
The following information relates to the activities within the Town of Portsmouth for the year of 2013.  
Prepare a Statement of Revenues, Expenditures and Changes in Fund Balances

The Town of Portsmouth Has at the Beginning of the Year