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The Town of Portsmouth Has at the Beginning of the Year

Question 16

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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 Activities for the year ended December 31, 2018.
-Prepare a Statement of Activities for the year ended December 31, 2018.

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