A government had the following transfers reported in its governmental funds Statement of Revenues, Expenditures, and Changes
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A government had the following transfers reported in its governmental funds Statement of Revenues, Expenditures, and Changes in Fund Balances: (1) a transfer from the General Fund to a debt service fund in the amount of $600,000; (2) a transfer from the General Fund to an internal service fund in the amount of $500,000, and (3) a transfer from the General Fund to an enterprise fund in the amount of $400,000. The amount that would be shown as a transfer out in the governmental activities column in the Statement of Activities would be:
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: ?978-0073379609
15th Edition
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
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