Question: A city starts a solid waste landfill during 2 0 2 5 . When the landfill was opened, the city estimated that it would fill

A city starts a solid waste landfill during 2025. When the landfill was opened, the city estimated that it would fill to capacity within 5 years and that the cost to cover the facility would be $1.5 million, which will not be paid until the facility is closed. At the end of 2025, the facility was 20% full.
A. Record the transaction if the landfill is viewed as a general fund and in fund financial statements.
B. Record the transaction if the landfill is viewed as an enterprise and in government-wide financial statements.

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