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Make in good form a water and sewer fund column

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Reference no: EM132486054

The following water and sewer information is available for the preparation of the financial statements for the County of Augusta for the year ended June 30, 2020:

Operating revenues-charges for services $ 17,590,000

Operating expenses:

Personal services 8,960,000

Contractual services 1,822,000

Utilities 880,000

Repairs and maintenance 1,580,000

Depreciation 2,640,000

Interest revenue 410,000

Interest expense 360,000

Capital contributions 997,000

Transfer to General Fund 950,000

Net position, July 1, 2019 2,720,000

Question 1: From the information given above, make, in good form, a Water and Sewer Fund column for the proprietary fund Statement of Revenues, Expenses, and Changes in Fund Net Position for the County of Augusta for the Year Ended June 30, 2020.

Reference no: EM132486054

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