By what operating statement of enterprise fund not impacted

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Reference no: EM13257375

On the following facts about an Enterprise Fund for a utilityoperation:

Outstanding bonds issued for capitalimprovements........................ $10,500,000

Transfer to General Fund (occursannually)..................................... $500,000

Charges for services earned in the currentyear................................. $14,600,750

Unspent capital bond issueproceeds.................................................$4,000,000

Salaries and wages expense for the currentyear............................... $9,600,000

Interest earning on allinvestments....................................................$600,000

Fair market value of water lines donated by a localdeveloper.......... $1,000,000
Net book value of all other existing capitalassets............................. $7,310,500

The operating statement of the Enterprise Fund would not bedirectly impacted by

A. The amount of unspent bond proceeds at the end of theyear.

B. The donation by the local developer.

C. The transfer to the General Fund.

D. All of the above.

E. Items a and b only.

Reference no: EM13257375

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