1 .The general fund bills the health club enterprise fund for reimbursement for athletic equipment installation that...
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1.The general fund bills the health club enterprise fund for reimbursement for athletic equipment installation that was performed by employees of the general fund. The general fund bills the health club enterprise fund $75,000 for these services.
2. Athletic Equipment and exercise machines costing $800,000 was purchased and paid for by the enterprise fund.
3. The City of Melbourne Health Club Collects $125,275 in health club memberships from community members.
4. The City of Melbourne Health Club receives $1,000,000 cash contribution from the general fund to acquire athletic equipment.
What is the classification on the Cash Flow Statement?
Related Book For
Governmental and Nonprofit Accounting
ISBN: 978-0132751261
10th edition
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi
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