I’m studying for my Accounting class and don’t understand how to answer this. Can you help me study?

the work-paper reference should come form “Baltimore’s 2018 CAFR”


Summarize three key points from Note 1 – Summary of Significant Accounting Policies.

In terms of general revenues on the Statement of Activities, please list the largest three types of revenues and the dollar amounts of the associated revenues.Are the revenues are exchange revenues or non-exchange revenues?

What are the three largest asset line items and three largest liability line items reported on the Statement of Net Assets and what are the amounts associated with each?

What are the primary elements of the Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Assets – Governmental Activities Net Assets?


Leave a Reply

Your email address will not be published. Required fields are marked *