The Tullahoma School District's Print Shop Internal Service Fund Received

question 18

Multiple Choice

The Tullahoma School District's Print Shop Internal Service Fund received $25,000 from a state grant to help subsidize its printing operations. The Internal Service Fund will report this contribution as a

• A) Transfer in.
• B) Capital contribution.
• C) Nonoperating revenue.
• D) Direct equity adjustment to restricted net position.

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