5 reconciling the government wide statement of net position and the st
5. Reconciling the government-wide statement of net position and the statement of Net
Position for the Proprietary funds,
a. How do the total current asset, non-current assets and total assets on the statement of net
position for the proprietary fund compare to those reported under the business activities
section of the government-wide statements? If there is any difference what caused it?
(Reconcile, i.e., start with the balance of each of the items (total current assets, non-
current assets, and total assets) on the government wide statement of net position
and show how you can get to each of those balances on the proprietary funds'
statement of net position, or vice versa).
*The amount will be in form of wallet points that you can redeem to pay upto 10% of the price for any assignment. **Use of solution provided by us for unfair practice like cheating will result in action from our end which may include permanent termination of the defaulter’s account.Disclaimer:The website contains certain images which are not owned by the company/ website. Such images are used for indicative purposes only and is a third-party content. All credits go to its rightful owner including its copyright owner. It is also clarified that the use of any photograph on the website including the use of any photograph of any educational institute/ university is not intended to suggest any association, relationship, or sponsorship whatsoever between the company and the said educational institute/ university. Any such use is for representative purposes only and all intellectual property rights belong to the respective owners.