A Proprietary Fund of a Governmental Entity Has Donor-Restricted Assets

Multiple Choice

A proprietary fund of a governmental entity has donor-restricted assets on its balance sheet.Which of the following best describes where and how those assets will generally be displayed?

A) In a separate restricted asset category on the statement of net assets.
B) Intermingled with other assets on the statement of net assets.
C) Intermingled with other assets on the statement of net assets but footnoted.
D) In a separate restricted fund.