An Enterprise Fund is donating a capital asset with a net book value of $25,000 to a general government department. The entry that should be recorded for the Enterprise Fund would be
A) A debit to nonoperating expense and a credit to capital assets.
B) A debit to transfer out and a credit to capital assets.
C) A debit to capital contribution and a credit to capital assets.
D) A debit to other financing use and a credit to capital assets.
Correct Answer:
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