First Class Government Wide Financial Statements Example
Step 5 Binding Encumbrance and Payables.
Government wide financial statements example. Government-Wide Financial Statements The purpose of government-wide financial statements is to present the financial position and the operating results of the governmental entity as a whole. Step 9 Supplementary Schedules. Ad See the Financial Statement Tools your competitors are already using - Start Now.
Government-wide Financial Statements The government-wide financial statements provide both short-term and long-term information about the Districts overall financial condition in a manner similar to those of a private-sector business. Estimated Other Financing Uses 120000. GOVERNMENT-WIDE STATEMENT OF ACTIVITIES The other basic government-wide financial statement in the new financial reporting model is the statement of activities.
Step 4 Interagency Activity. In the same way Debt ServicePrincipal is reported on the statement in Exhibit 174 as an expenditure but would decrease. For example assume that a sidewalk is to be added to a neighborhood at a cost of 20000.
Step 6 General Revenue Reconciliation. For example an interfund loan from the Sales Tax Fund to the General Fund would be eliminated because both of those funds are reported within the governmental activities column. Ad Find Visit Today and Find More Results.
Property Taxes Receivable 1300000. Step 11 Review USAS Information. Ad See detailed company financials including revenue and EBITDA estimates and statements.
Step 7 Statement of Cash Flows. Ad See detailed company financials including revenue and EBITDA estimates and statements. City expects to collect all but 3 of taxes.