An Enterprise Fund contributed $85,000 to the General Fund for operations. The money is not intended to be a loan. Which of the following statements is true?
A) The Enterprise Fund will report capital contributions of $85,000.
B) The Enterprise Fund will report other financing uses of $85,000.
C) The Enterprise Fund will report advances of $85,000.
D) The Enterprise Fund will report transfers out of $85,000.
Correct Answer:
Verified
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