Business, 07.06.2020 05:57 ally6440

A city assesses property owners $50 million to extend sewer lines to their neighborhood. By year-end, however, it has not begun construction of the new lines and has not collected any of the assessments. It accounts for its wastewater services in an enterprise fund. What should the government do in its year-end enterprise fund financial statements:

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A city assesses property owners $50 million to extend sewer lines to their neighborhood. By year-end...