Question: Enron Prepay Transactions would include the following, except a. Enron would enter into a contract to deliver a commodity in the future at a specified

Enron Prepay Transactions would include the following, except

a. Enron would enter into a contract to deliver a commodity in the future at a specified price

b. Enron would show the resulting rights and obligations on its balance sheet

c. Enron would prepay the cost of the contract and record it as prepaid on its balance sheeteet

d. After entering in contract, Enron would take on an obligation to buy the commodity required for delivery and to pay for it in installments

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