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The Town of Portsmouth Has at the Beginning of the Year

Question 17

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The Town of Portsmouth has at the beginning of the year a $213,000 Net Position balance, and a $52,000 Fund Balance.
The following information relates to the activities within the Town of Portsmouth for the year of 2018.
The Town of Portsmouth has at the beginning of the year a $213,000 Net Position balance, and a $52,000 Fund Balance. The following information relates to the activities within the Town of Portsmouth for the year of 2018. -Prepare a Statement of Revenues, Expenditures and Other Changes in Fund Balances for the year ended December 31, 2018.
-Prepare a Statement of Revenues, Expenditures and Other Changes in Fund Balances for the year ended December 31, 2018.

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