Reconciliation from governmental changes

Assignment Help Accounting Basics

Reference no: EM13138752

A governmental funds Statement of Revenues, Expenditures and Changes in Fund Balances reported expenditures of $30 million, including capital outlay expenditures of $2 million. Capital assets for that government cost $70 million, including land of $10 million. Depreciable assets are amortized over 20 years, on average. The reconciliation from governmental changes in fund balances to governmental activities changes in net assets would reflect a(an):

A. Decrease of $1 million

B. Increase of $l million

C. Decrease of $3 million

D. Increase of $2 million

Reference no: EM13138752

Questions Cloud

Pattern recognition : Research and discover more in-depth knowledge about topics in Pattern Recognition and choose a topic. The best topic will be the one you are most interested in or a topic from your research project you are working on.

Project management plan : An implementation plan detailing time, cost and resource schedules. This is a project management document and you must fully demonstrate your skills in presenting a project management plan.

Find the margin of error of poll using confidence level : In a recent poll, 126 people were asked if they liked dogs, and 6% said they did. Find the margin of error of this poll, at the 90% confidence level.

Define what is the rf bandwidth occupied by signal : What is the RF bandwidth occupied by signal? What is the frequency range of the transmitted RF signal?

Reconciliation from governmental changes : Capital assets for that government cost $70 million, including land of $10 million. Depreciable assets are amortized over 20 years, on average. The reconciliation from governmental changes in fund balances to governmental activities changes in net..

What are the attributes of angels : What are the attributes of angels? Include such things as the types of angels, their missions, the names of angels, fallen angels, etc.

What rf bandwidth is required to send the data using qpsk : What RF bandwidth is required to send the data using QPSK? If the RRC filters in the transmitter and receiver are replaced with ones that have ? = 0.20, what are the new RF bandwidths in parts (a) and (b)?

Why diameters not have a binomial distribution : Ten bolts were selected randomly from a production line and the diameter of each was measured. Why do these diameters not have a binomial distribution?

Full amount possible for property taxes : It was estimated that $400,000 would be collected during the next 60 days of 2008 and that $240,000 would be collected after that. The City has a policy of recognizing the full amount possible for property taxes. Which of the following statements ..

User Account

All Pages