Balances from enterprise fund statements, Statement of Net Assets and Statement of Revenues, Expenses and Changes in Fund Net Assets, are entered directly to the business-type activities sections of government-wide statements.

Question

Quizplus · Accepted Answer

Balances from enterprise fund statements are a part of business-type activities, therefore they are entered directly to the business-type activities sections of government-wide statements.

Balances from Enterprise Fund Statements, Statement of Net Assets and Statement