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Complete the Statement of Changes in Net Position City of Kookamonga Fiduciary Fund Year Ending 12/31/2023 Contributions - $15,000 Investments - $10,000 Interest receivable - $500 Expenses - $1,000 Distributions - $8,000 Net position January 1, 2023 - $22,500

Complete the Statement of Changes in Net Position City of Kookamonga Fiduciary Fund Year Ending 12/31/2023 Contributions - $15,000 Investments - $10,000 Interest receivable - $500 Expenses - $1,000 Distributions - $8,000 Net position January 1, 2023 - $22,500

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Complete the Statement of Changes in Net Position. City of Kookamonga Fiduciary Fund Year Ending 12/31/2023 Contributions - $15,000 Investments - $10,000 Interest receivable - $500 Expenses - $1,000 Distributions - $8,000 Net position January 1, 2023 - $22,500 Start on line below.
Transcribed Image Text:Complete the Statement of Changes in Net Position. City of Kookamonga Fiduciary Fund Year Ending 12/31/2023 Contributions - $15,000 Investments - $10,000 Interest receivable - $500 Expenses - $1,000 Distributions - $8,000 Net position January 1, 2023 - $22,500 Start on line below.
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