The following information is available for the preparation of the government-wide financial statements of the City of Aurora as of June 30, 2017:

Assume all long-term liabilities were incurred in the acquisition of capital assets.
Required: From the information given above, prepare, in good form, a Statement of Net Position for the City of Aurora as of June 30, 2017. Include the unrestricted net position, which is to be computed from the information presented above. Include a total column. Aurora has no component units.

Question

The following information is available for the preparation of the government-wide financial statements of the City of Aurora as of June 30, 2017:
  
Assume all long-term liabilities were incurred in the acquisition of capital assets.
Required: From the information given above, prepare, in good form, a Statement of Net Position for the City of Aurora as of June 30, 2017. Include the unrestricted net position, which is to be computed from the information presented above. Include a total column. Aurora has no component units.

Quizplus · Accepted Answer

The Answer of The following information is available for the preparation of the government-wide financial statements of the City of Aurora as of June 30, 2017:
  
Assume all long-term liabilities were incurred in the acquisition of capital assets.
Required: From the information given above, prepare, in good form, a Statement of Net Position for the City of Aurora as of June 30, 2017. Include the unrestricted net position, which is to be computed from the information presented above. Include a total column. Aurora has no component units.

The Following Information Is Available for the Preparation of the Government-Wide