The following water and sewer information is available for the preparation of the financial statements for the County of Augusta for the year ended June 30,2015:
Required:
From the information given above,prepare,in good form,a Water and Sewer Fund column for the proprietary fund Statement of Revenues,Expenses,and Changes in Fund Net Position for the County of Augusta for the Year Ended June 30,2015.
Definitions:
Data Processing
Data Processing involves the collection, manipulation, and interpretation of data to generate meaningful information suitable for decision-making processes.
Chief Executive Officer
The highest-ranking executive in a company, responsible for making major corporate decisions and managing the overall operations and resources.
Chief Operating Officer
A senior executive responsible for managing the day-to-day administrative and operational functions of a company.
Controller
A senior financial officer responsible for managing a company's accounting functions, including financial reporting, budgeting, and audits.
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