Which of the following is true of the Capital Contributions account of a proprietary fund? a. Capital

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Question:

Which of the following is true of the Capital Contributions account of a proprietary fund?
a. Capital Contributions appear in the net position section of the Statement of Net Position.
b. Capital Contributions appear in the Statement of Revenues, Expenses, and Changes in Net Position.
c. Capital Contributions is credited when an enterprise fund bills the General Fund for services provided.
d. None of the above.