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 .

Question

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Answer 1

Question

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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Answer 2

Question

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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Answer 3

Question

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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Answer 4

Question

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”.

Expert Solution & Answer

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Answer 5

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”.

Answer 6

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 .

Answer 7

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 .

Answer 8

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.

Answer 9

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.

Answer 10

c.

To determine

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

Answer 11

c.

To determine

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

Answer 12

Expert Solution & Answer

Answer 13

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Answer 14

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Answer 15

Ch. 9 - Prob. 1Q Ch. 9 - Prob. 2Q Ch. 9 - Prob. 3Q Ch. 9 - What is a component unit?Ch. 9 - Explain the difference between a blended and a...Ch. 9 - Prob. 6Q Ch. 9 - Prob. 7Q Ch. 9 - Prob. 8Q Ch. 9 - Give examples of items (transactions) that would...Ch. 9 - Prob. 10Q

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 .

Solution Summary: The author analyzes the two operating statements 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.

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 .

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.

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

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