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  2. Topic
    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 4: Accounting for Governmental Operating Activitiesillustrative Transactions and Financial Statements
  5. Question
    When an Enterprise Fund Pays the General Fund an Amount
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When an Enterprise Fund Pays the General Fund an Amount

Question 7

Question 7

Multiple Choice

When an enterprise fund pays the General Fund an amount in lieu of taxes,the account to be credited in the General Fund is


A) Cash.
B) Operating Transfer in.
C) Revenues.
D) Fund Balance.

Correct Answer:

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