For an enterprise fund, note how each of the following transactions affects (a) net investment in capital

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For an enterprise fund, note how each of the following transactions affects (a) net investment in capital assets (net of related debt), (b) restricted net position, and (c) unrestricted net position. (Record N/A if there is no effect on the net position section.)

1. The sale of a building for a gain
2. Depreciation of an asset
3. The issuance of capital asset-related debt
4. The payment of capital asset-related debt
5. Property taxes are levied and collected
6. Supplies are purchased and used

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Advanced Accounting

ISBN: 978-0134472140

13th edition

Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith

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