General Capital Assets with a Net Book Value of $46,000

question 12

Multiple Choice

General capital assets with a net book value of $46,000 were transferred to an Enterprise Fund. The business-type activities column in the government-wide financial statements would report

• A) A transfer in of $46,000.
• B) A capital contribution of $46,000.
• C) An other financing source of $46,000.
• D) A revenue of $46,000.

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