Select the appropriate method of accounting and reporting for each of the municipality's funds, accounts, and other items (items...

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Select the appropriate method of accounting and reporting for each of the municipality's funds, accounts, and other items (items 11 to 20). An accounting and reporting method may be selected once, more than once, or not at all. Funds and Accounts 11. Enterprise fund fixed assets. 12. Capital projects fund. 13. Permanent fund. 14. Infrastructure fixed assets. 15. Enterprise fund cash. 16. General fund. 17. Agency fund cash. 18. Transfer out from the general fund to the internal service fund. 19. Special revenue fund (a major fund). 20. Debt service fund (a major fund). Funds and Accounts - 11. Enterprise fund fixed assets. 12. Capital projects fund. 13. Permanent fund. 14. Infrastructure fixed assets. 15. Enterprise fund cash. 16. General fund. Answer is complete but not entirely correct. Accounting and Reporting B and J J दीन 17. Agency fund cash. 18. Transfer out from the general fund to the internal service fund. 19. Special revenue fund (a major fund). 20. Debt service fund (a major fund). A. Accounted for in a fiduciary fund B. Accounted for in a proprietary fund C. Accounts for permanent endowments that can be used for government programs D. Reported as an other financing use E. Accounted for in a special assessment fund F. Accounts for major construction activities G. Accounts for property tax revenues H. Accounts for payment of interest and principal on tax- supported debt I. Accounts for revenues from earmarked sources to finance designated activities J. Reported in governmentwide statements II F J J 111 J E Im Accounting and Reporting Hand J ***** XX

Answer rating: 100% (QA)

11 Enterprise fund fixed asset Accounting and Reporting B Accounted for in a proprietary fund J Reported in governmentwide statements Explanation Enterprise fund fixed assets are typically accounted f View the full answer