ACCT GOV.+NFP ENTITIES LOOSELEAF W/CONN.
ACCT GOV.+NFP ENTITIES LOOSELEAF W/CONN.
18th Edition
ISBN: 9781260949766
Author: RECK
Publisher: MCG
Question
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Chapter 9, Problem 14C

a.

To determine

Analyse the two operating statement and the reconciliation statement to list out the reasons for which the “ bottom line” number  for net change in  governmental fund balances is not the same  as the number for the change in the governmental activities net position .

b.

To determine

Analyse the statement of net position and the balance sheet along with the reconciliation statement to list out the reasons for which the “bottom line” number for total governmental fund balances is not the same as the number for governmental activities net position.

c.

To determine

Provide a brief explanation for the differences in the “bottom lines”.

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