ENTERPRISE FUND – GENERAL LEDGER
Journal Entries debits credits DUE FROM
3 Feb. 1 Cash 300,000 CASH OTHER FUNDS SUPPLIES ACCOUNTS RECEIVABLE
Transfer in – capital contribution 300,000 bb – bb – bb – bb –
To record contribution from GF
– – –
–
ALLOWANCE FOR
UNCOLLECTIBLE ACCTS BUILDINGS & STRUCT EQUIPMENT GEOTHERMAL GENERATORS
BONDS PAYABLE NET POSITION OPERATING REVENUE: OPERATING EXPENSES
1,250,000 bb bb CHARGES FOR SERVICES SALARIES EXPENSE
1,250,000 – – –
OPERATING EXPENSES
OPERATING EXPENSES NONOPERATING EXPENSES TRANSFER IN –
SUPPLIES EXPENSE DEPRECIATION EXPENSE INTEREST CAPITAL CONTRIBUTIONS
ENTERPRISE FUND – GENERAL LEDGER
–
PROVINCE OF EUROPA
STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION
Operating Revenues
Charges for Services
Total Current Assets –
Operating Expenses
Salaries
Supplies
Depreciation
Total Operating ExpensesNoncurrent Assets
–
Operting Income –
Nonoperating Revenues (Expenses)
Interest Expense Expenses entered as negative amounts
Income before Contributions –
Capital Contibutions
Change in Net Position –
Net Position, January 1, 2091 –
Net Position, December 31, 2091 –$
PROVINCE OF EUROPA
STATEMENT OF NET POSITION
Inventories
Total Current Assets –
Noncurrent Assets
Buildings and Structures
Less: Accumulated Depreciation
Equipment and Machinery
Less: Accumulated Depreciation
Short Term Note Payable
Total Current Liabilities –
Noncurrent Liabilities
Revenue Bonds Payable
Total Noncurrent Liabilities –
PROVINCE OF EUROPA
STATEMENT OF NET POSITION
AS OF DECEMBER 31, 2091
Total Net Position –$
PROVINCE OF EUROPA
STATEMENT OF CASH FLOWS
PROPRIETARY FUNDS
FOR THE YEAR ENDED DECEMBER 31, 2091
Net Cash Provided by Non-Capital Related Financing Activities –
Cash Flows from Capital Related Financing Activities
Acquisition of Capital Assets
Contributed Capital from General Fund
Net Cash Used in Capital Related Financing Activities –
Cash Flows from Investing Activities
(Increase)Decrease in Interfund Receivables
(Increase) Decrease in Inventories
Increase (Decrease) in Accounts Payable
PROVINCE OF EUROPA
STATEMENT OF CASH FLOWS