The City of Ruth owns and operates an electric utility. The utility purchases new electric transmission lines for $6,000,000 so that it can provide electricity to new customers. This purchase will most likely
A) Increase expenditures reported in the General Fund by $6,000,000.
B) Increase capital assets reported in the Capital Projects Fund by $6,000,000.
C) Increase capital assets reported in the Enterprise Fund by $6,000,000.
D) Increase expenses reported in the Enterprise Fund by $6,000,000.
Correct Answer:
Verified
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