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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
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9 years ago
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
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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9 years ago
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goji.go Author
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#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
9 years ago
You're very welcome!
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