Review the financial information pertaining to the City of Northern Pines in problem. Prepare, in good form, a Statement of Activities for the city of Northern Pines for the year ended June 30, 2012. Northern Pines has no component units.
Review the financial information pertaining to the city of Eastern Shores From the information given, prepare in good form, a General Fund Statement of Revenues, Expenditures, and Changes in Fund Balances for the city of Eastern Shores General Fund for the Year Ended September 30, 2012.
Review the financial transactions pertaining to the City of Springfield in problem 3-12 on pages 82 and 83.
- Record the transactions using appropriate journal entries.
- Prepare a budgetary comparison schedule for the General Fund