Description The information below should be used to prepare (in proper form in Excel) a Public Transportation column for the proprietary fund Statement of Revenues, Expenses, and Changes in Fund Net Position for the fiscal year ending May 31, 2018.Operating Revenue (Services)$25,705,000Interest Revenue$36,000Intergovernmental Revenue$140,000Capital Contributions$1,200,000Operating Expenses:Employee Wages$8,654,000Temporary Labor$750,000Repairs and Maintenance$6,425,000Depreciation$4,532,000Utilities$948,000Interest Expense$475,000Transfer to General Fund$315,000Net position, June 1, 2017$3,820,000Please also answer the following questions in MS Word:What observations can you make about the fund’s activity from June 1, 2017-May 31, 2018?Identify the other proprietary fund statements and what measurement focus and basis for accounting are used in those statements.What reports and schedules are included in the CAFR as required supplementary information?Paper Requirements:Submit your responses to the questions in a 3-4-page document in MS Word/MS Excel as indicated. Label each question clearly. For computations, please include them in a table.For written answers, please make sure your responses are well written.Assignment should follow APA guidelines (Links to an external site.) with respect to use of subheadings, 1″ margins, and double spaced.The required number of pages for the assignment does not include the title page and references page.References need to include your textbook plus two additional credible academic references. All sources used, including your textbook, must be referenced; paraphrased and quoted material must have accompanying citations and cited per APA guidelines. Use of the CSU Global library is necessary. Tags: government property State and Government Reporting property fund statements fiscal year ending Funds activity User generated content is uploaded by users for the purposes of learning and should be used following Studypool’s honor code & terms of service.

Description

The information below should be used to prepare (in proper form in Excel) a Public Transportation column for the proprietary fund Statement of Revenues, Expenses, and Changes in Fund Net Position for the fiscal year ending May 31, 2018.Operating Revenue (Services)$25,705,000Interest Revenue$36,000Intergovernmental Revenue$140,000Capital Contributions$1,200,000Operating Expenses:Employee Wages$8,654,000Temporary Labor$750,000Repairs and Maintenance$6,425,000Depreciation$4,532,000Utilities$948,000Interest Expense$475,000Transfer to General Fund$315,000Net position, June 1, 2017$3,820,000Please also answer the following questions in MS Word:What observations can you make about the fund’s activity from June 1, 2017-May 31, 2018?Identify the other proprietary fund statements and what measurement focus and basis for accounting are used in those statements.What reports and schedules are included in the CAFR as required supplementary information?Paper Requirements:Submit your responses to the questions in a 3-4-page document in MS Word/MS Excel as indicated. Label each question clearly. For computations, please include them in a table.For written answers, please make sure your responses are well written.Assignment should follow APA guidelines (Links to an external site.) with respect to use of subheadings, 1″ margins, and double spaced.The required number of pages for the assignment does not include the title page and references page.References need to include your textbook plus two additional credible academic references. All sources used, including your textbook, must be referenced; paraphrased and quoted material must have accompanying citations and cited per APA guidelines. Use of the CSU Global library is necessary.

Tags:
government property

State and Government Reporting

property fund statements

fiscal year ending

Funds activity

User generated content is uploaded by users for the purposes of learning and should be used following Studypool’s honor code & terms of service.