Cash of $20,000 is transferred from the general fund to the enterprise fund to pay for work
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Cash of $20,000 is transferred from the general fund to the enterprise fund to pay for work that was done. What is reported on the government-wide financial statements?
a. No reporting is made.
b. Other Financing Sources increase by $20,000; Other Financing Uses increase by $20,000.
c. Revenues increase by $20,000; Expenditures increase by $20,000.
d. Revenues increase by $20,000; Expenses increase by $20,000.
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Related Book For
Advanced Accounting
ISBN: 978-1259444951
13th edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupni
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