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Here Is Information for a County Government The County Has Two Enterprise Funds, the Landfill and Parking

Question 137

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Here is information for a county government:
 Governmental  funds  Enterprise funds  Total assets and deferred outflows $30,000,000$5,000,000 Total liabilities and deferred inflows 22,000,0002,000,000 Total revenues 200,000,00060,000,000 Total expenditures/expenses 195,000,00058,500,000\begin{array}{|l|r|r|}\hline &{\begin{array}{c}\text { Governmental } \\\text { funds }\end{array}} & \text { Enterprise funds } \\\hline \text { Total assets and deferred outflows } & \$ 30,000,000 & \$ 5,000,000 \\\hline \text { Total liabilities and deferred inflows } & 22,000,000 & 2,000,000 \\\hline \text { Total revenues } & 200,000,000 & 60,000,000 \\\hline \text { Total expenditures/expenses } & 195,000,000 & 58,500,000 \\\hline\end{array}

The county has two enterprise funds, the landfill and parking funds, and two internal service funds, the central printing and the central motor pool funds, as follows:
 Landfill fund  Parking fund  Total assets and deferred outflows $1,500,000$3,500,000 Total liabilities and deferred inflows 1,100,000900,000 Total revenues 12,000,00048,000,000 Total expenses 11,900,00046,600,000\begin{array}{|l|r|r|}\hline &{\text { Landfill fund }} & {\text { Parking fund }} \\\hline \text { Total assets and deferred outflows } & & \\& \$ 1,500,000 & \$ 3,500,000 \\\hline \text { Total liabilities and deferred inflows } & 1,100,000 & 900,000 \\\hline \text { Total revenues } & 12,000,000 & 48,000,000 \\\hline \text { Total expenses } & 11,900,000 & 46,600,000 \\\hline\end{array} Required
Which of these enterprise funds will be shown separately, as major funds, in the proprietary funds financial statements?

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To be major funds, the enterprise funds ...

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