When a capital asset of a department reported in a proprietary fund is transferred to a general
Question:
When a capital asset of a department reported in a proprietary fund is transferred to a general government department, the effect of the transaction is reported as:
a. a transfer in both the proprietary fund and a governmental fund.
b. a nonoperating item in both the proprietary fund and a governmental fund.
c. a nonoperating expense in the proprietary fund (nothing is reported in any governmental fund).
d. a transfer out in the proprietary fund (nothing is reported in any governmental fund).
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Related Book For 
Governmental And Nonprofit Accounting Theory And Practice
ISBN: 9780132552721
9th Edition
Authors: Robert J Freeman, Craig D Shoulders, Gregory S Allison, Terry K Patton, Robert Smith,
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