A City's General Fund Makes a Contribution of $800,000 to an Internal

Multiple Choice

A city's General Fund makes a contribution of $800,000 to an Internal Service Fund (ISF) so that the ISF can operate.How should the ISF report the contribution?

A) as operating revenue
B) as nonoperating revenue
C) as a transfer after operating income but before change in net position
D) as a direct addition to fund net position