Note: This Is a Kaplan CPA Review Question

Note: This is a Kaplan CPA Review Question
Fixed assets of an enterprise fund should be accounted for in the

A) Enterprise fund but no depreciation on the fixed assets should be recorded.
B) General fixed asset account group but no depreciation on the fixed assets should be recorded.
C) General fixed asset account group and depreciation on the fixed assets should be recorded.
D) Enterprise fund and depreciation on the fixed assets should be recorded.