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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
Enterprise funds report capital contributions separate from operating and nonoperating revenues and expenses.  When does an inflow of resources constitute a capital contribution?
      a.   when the inflows must be used to purchase capital assets or consist of capital assets
      b.   when the inflows are grants restricted to use on capital projects
      c.   when the contributions are from property owners
      d.   when the inflow consists of donated capital assets
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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
wrote...
#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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