Question

The following alphabetic listing displays selected balances in the governmental activities accounts of Westover Village as of its June 30 fiscal year-end. Assume that beginning net position is $1,693 (in thousands) and that there were no changes in net position during the year other than those reflected in the selected account balances shown. For simplicity, assume that the village does not have business-type activities or component units. WESTOVER VILLAGE Governmental Activities Selected Account Balances (in thousands) For the Year Ended June 30, 2020 Credits Debits 12,402 9,621 6,838 6,118 34,894 Expenses-Culture and Recreation Expenses-General Government Expenses-Health and Sanitation Expenses-Interest on Long-term Debt Expenses-Public Safety General Revenues-Investment Earnings General Revenues-Property Taxes General Revenues-Unrestricted Grants and Contributions Program Revenue-Culture and Recreation-Charges for Services Program Revenue-Culture and Recreation Operating Grants Program Revenue-General Government-Charges for Services Program Revenue-General Government-operating Grants Program Revenue-Health and Sanitation charges for Services Program Revenue-Public Safety-Capital Grants Program Revenue-Public Safety-charges for Services Program Revenue-Public Safety-Operating Grants Special Item-Gain on Sale of Park Land 2,008 56, 350 1,250 4,045 2,500 3,196 893 5,662 67 1,248 1,357 3,523
Please show all work for the (partial) statement of activities. This problem is confusing and I got some of the parts correct I think. Thanks.

Answer 1

Answer:-

WESTOVER VILLAGE
Statement of Activities (Partial)
For the year ended June 30, 2020 (in thousands)
		Program Revenues
Functions/Programs	Expenses	Charges for Services	Operating Grants	Capital Grants	Net (expense) Revenue and Changes in Net Assets
Primary Government
General Government	$9,621	$3,196	$893		-$5,532
Public Safety	$34,894	$1,248	$1,357	$67	-$32,222
Health and Sanitation	$6,838	$5,662			-$1,176
Culture and Recreation	$12,402	$4,045	$2,500		-$5,857
Interest on long-term debt	$6,118				-$6,118
Total Governmental Activities					-$50,905
	General Revenues:-
	Property taxes				$56,350
	Unrestricted Grants and Contributions				$1,250
	Investment Earnings				$2,008
	Total General Revenues				$59,608
	Special Item—Gain on Sale of Park Land				$3,523
	Total general Revenues and special items				$63,131
	Change in net position (63131-50905)				$12,226
	Net Position-July 1 2019				$1,693
	Net Position-June 30 2020				$13,919

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