Gifts of Capital Assets Are Recorded in I

Gifts of capital assets are recorded in i. proprietary fund, if use is related to the purpose of that fund
ii. general fund, if use is related to the overall general government function and is planned to be held (not sold)
iii. capital assets, if use is related to the overall general government function and is planned to be held (not sold)

A) I
B) II
C) III
D) I and III