An Enterprise Fund in Bobby County Donated a Vehicle That

Multiple Choice

An enterprise fund in Bobby County donated a vehicle that had an original cost of $50,000 to one of the County's general government departments. The net book value of the vehicle as of the date of donation was $15,000. The enterprise fund would record the transaction as a

A) Debits to transfer out of $15,000 and to accumulated depreciation of $35,000, and credit to capital assets of $50,000
B) Debit to transfer out of $15,000 and credit to capital assets of $15,000
C) Debits to nonoperating expense of $15,000 and to accumulated depreciation of $35,000, and credit to capital assets of $50,000
D) Debit to capital contribution of $15,000 and credit to capital assets of $15,000