An enterprise fund in Bobby County donated a vehicle that had an ...

[luminitza]

An enterprise fund in Bobby County donated a vehicle that had an original cost of 50,000 to one of the County's general government departments. The net book value of the vehicle as of the date of donation was 15,000 .
 
  The enterprise fund would record the transaction as a
  A. Debits to transfer out of 15,000 and to accumulated depreciation of 35,000, and credit to capital assets of 50,000
  B. Debit to transfer out of 15,000 and credit to capital assets of 15,000
  C. Debits to nonoperating expense of 15,000 and to accumulated depreciation of 35,000, and credit to capital assets of 50,000
  D. Debit to capital contribution of 15,000 and credit to capital assets of 15,000

Question 2

Telling the customer when they will receive an item is known as available to promise (ATP).
  Indicate whether the statement is true or false

[shaikhs]

Answer to Question 1

C

Answer to Question 2

T

[luminitza]

Correct answers!

[shaikhs]

Great! Please up vote