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Template_Enterprise_Fund11.xlsx

Enterprise fund

			Journal Entries	debits	credits						DUE FROM
3	Feb. 1	Cash		300,000			CASH				OTHER FUNDS				SUPPLIES				ACCOUNTS RECEIVABLE
			Transfer in - capital contribution		300,000	bb	-			bb	-			bb	-			bb	-
			To record contribution from GF
											-				-				-
							-
							ALLOWANCE FOR
							UNCOLLECTIBLE ACCTS				BUILDINGS & STRUCT				EQUIPMENT				GEOTHERMAL GENERATORS
								-	bb	bb	450,000			bb	150,000			bb	650,000
											450,000				150,000				650,000
								-
							ACCUMULATED DEPR				ACCUMULATED DEPR				ACCUMULATED DEPR
							BUILDINGS & STRUCT				EQUIP & MACHINERY				GEOTHERMAL GENERATORS
									bb				bb				bb
								-				-				-
							ACCOUNTS PAYABLE				CONTRACTS PAYABLE				INTEREST PAYABLE				ST NOTE PAYABLE
								-	bb			-	bb			-	bb				bb
								-				-				-				-
							BONDS PAYABLE				NET POSITION				OPERATING REVENUE:				OPERATING EXPENSES
								1,250,000	bb				bb		CHARGES FOR SERVICES				SALARIES EXPENSE
								1,250,000				-				-			-
							OPERATING EXPENSES				OPERATING EXPENSES				NONOPERATING EXPENSES				TRANSFER IN -
							SUPPLIES EXPENSE				DEPRECIATION EXPENSE				INTEREST				CAPITAL CONTRIBUTIONS
							-				-				-					-
											T. Debits	1,250,000
											T. Credits	1,250,000
												-

&"Arial Rounded MT Bold,Regular"&16ENTERPRISE FUND - GENERAL LEDGER

	Business-Type Activities: Enterprise Funds - Electricity and Water
Operating Revenues
Charges for Services
Total Current Assets	-
Operating Expenses
Salaries
Supplies
Depreciation
Total Operating ExpensesNoncurrent Assets	-
Operting Income	-
Nonoperating Revenues (Expenses)
Interest Expense		Expenses entered as negative amounts
Income before Contributions	-
Capital Contibutions
Change in Net Position	-
Net Position, January 1, 2091	-
Net Position, December 31, 2091	$ -

PROVINCE OF EUROPA STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN FUND NET POSITION PROPRIETARY FUNDS FOR THE YEAR ENDED DECEMBER 31, 2091

		Business-Type Activities: Enterprise Funds - Electricity and Water
Assets
Current Assets
Cash
Customer Accounts Receivable (gross)
Less: Allowance Uncollectible Accounts
Due from General Fund
Inventories
Total Current Assets		-
Noncurrent Assets
Buildings and Structures
Less: Accumulated Depreciation
Equipment and Machinery
Less: Accumulated Depreciation
Geothermal Generators
Less: Accumulated Depreciation
Total Noncurrent Assets		-
Total Assets		$ -
Liabilities
Current Liabilities
Accounts Payable
Contracts Payable
Interest Payable
Short Term Note Payable
Total Current Liabilities		-
Noncurrent Liabilities
Revenue Bonds Payable
Total Noncurrent Liabilities		-
Total Liabilities		-
Net Position
Net Investment in Capital Assets		-
Unrestricted		-
Total Net Position		$ -

PROVINCE OF EUROPA STATEMENT OF NET POSITION PROPRIETARY FUNDS AS OF DECEMBER 31, 2091

	Business-Type Activities: Enterprise Funds - Electricity and Water
Cash Flows from Operating Activities
Cash Received from Customers
Cash Paid for Supplies
Cash Paid to Employees
Net Cash Provided by Operating Activities	-
Cash Flows from Non-Capital Related Financing Activities
Borrowing for Operations
Net Cash Provided by Non-Capital Related Financing Activities	-
Cash Flows from Capital Related Financing Activities
Acquisition of Capital Assets
Contributed Capital from General Fund
Net Cash Used in Capital Related Financing Activities	-
Cash Flows from Investing Activities
Net Cash Provided from Investing Activities	-
Net Increase in Cash	-
Cash and Cash Equivalents, January 1, 2091	-
Cash and Cash Equivalents, December 31, 2091	$ -
Reconciliation of Operating Income to Net Cash Provided by Operating Activities
Operating Income
Adjustments to Reconcile Operating Income to Net Cash Provided by Operating Actitities
Depreciation
(Increase) Decrease in Customer Accounts Receivable- net
(Increase)Decrease in Interfund Receivables
(Increase) Decrease in Inventories
Increase (Decrease) in Accounts Payable
Net Cash Provided by Operating Activities	$ -
Noncash Investing, Capital and Non-capital Related Financing Activities
Acquisition of building through contracts payable

PROVINCE OF EUROPA STATEMENT OF CASH FLOWS PROPRIETARY FUNDS FOR THE YEAR ENDED DECEMBER 31, 2091