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goji.go goji.go
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9 years ago
A city's Internal Service Fund provides services only to general government departments. During the year, the Internal Service Fund reports operating revenue of $100,000, operating expenses of $80,000 and interest income of $10,000. What adjustments are needed to the governmental funds operating statement information to reflect these transactions in the statement of activities in the government-wide statement?
A.   Increase revenue by $110,000 and decrease expenses by $80,000.
B.   Increase revenue by $10,000 and decrease expenses by $20,000.
C.   Decrease expenses by $80,000 and increase revenue by $10,000.
D.   Decrease expenses by $30,000 and decrease revenue by $20,000.
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Diesel
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f_zah1f_zah1
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