The Cable Enterprise Fund Purchased $300,000 of Capital Equipment During $\quad$

The Cable Enterprise Fund purchased $300,000 of capital equipment during the year. The one-worksheet conversion adjustment necessary for the preparation of the government-wide financial statements would be $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\begin{array}{lrr}&\text { Debit } & \text { Credit }\end{array}$
A)
$\begin{array}{lrr}\text { Capital Assets }& \$ 300,000 \\\text { Capital Outlay Expenditures }&& \$ 300,000 \\\end{array}$

B)
$\begin{array}{lrr}\text { Capital Assets } &\quad\quad\quad\quad\quad\quad \$ 300,000\\\text { Cash }&& \$ 300,000 \\\end{array}$

C)
$\begin{array}{lrr}\text { Capital Assets } &\quad\quad \$ 300,000 \\\text { Capital Contributions } && \$ 300,000 \\\end{array}$

D)
$\begin{array}{lrr}\text { Capital Assets }&\quad \$ 300,000 \\\text { Capital Outlay Expenses } & &\$ 300,000 \\\end{array}$