Which of the following should be accounted for in an enterprise fund?   Light poles to be paid for in installments by affected property owners $ 350,000 Van used to transport supplies to all city departments on a cost reimbursement basis 65,000 Equipment used for supplying electric power to residents

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Which of the following should be accounted for in an enterprise fund?

 
Light poles to be paid for in installments by affected property owners $ 350,000
Van used to transport supplies to all city departments on a cost reimbursement basis 65,000
Equipment used for supplying electric power to residents 1,250,000

 

Multiple Choice

$1,315,000.

$1,250,000.

$ 65,000.

$ 415,000.

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