Business, 24.12.2019 03:31 zodiacpumpkin1126
Alocal government's utility sells part of its output to the primary government. the utility is accounted for in an enterprise fund.
in the comprehensive annual financial report, the sale of the utility's output most likely is accounted for as:
a. an interfund transfer.
b. interfund receivables and payables in the government-wide statement of net position.
c. an elimination in the government-wide statement of activities.
d. expenditures in the general fund.
Answers: 1
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Alocal government's utility sells part of its output to the primary government. the utility is accou...
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