What activity accounted for the largest source of revenue

Assignment Help Accounting Basics

Reference no: EM132650365

Governmental Funds

Question (1) How many Governmental Funds are presented as major funds on the financial statements?

Question (2) What is the total assets amount (in thousands) on the Governmental Funds balance sheet (include both major and non-major funds)?

Question (3) For Governmental Funds, what activity accounted for the largest source of revenue (found on the "Statement of Revenues, Expenditures and Changes in Fund Balance")?

Question (4) For Governmental Funds, what activity accounted for the largest source of expenditure (found on the "Statement of Revenues, Expenditures and Changes in Fund Balance")?

Question (5) Does your entity have any special revenue funds presented on the financial statements as a major Governmental Funds?

Question (6) How many Governmental Funds in total (major and non major) does the city maintain?

Question (7) Does the city have any permanent funds?

Question (8) What was the Total Fund Balance on the Governmental Funds Balance Sheet (This is the sum of nonspendable, restricted, committed, assigned, and unassigned fund balances)?

Attachment:- gfoa.zip

Reference no: EM132650365

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