Payments in lieu of taxes that are not payments for services from a government should be reported
Question:
Payments in lieu of taxes that are not payments for services from a government should be reported by an enterprise fund as which of the following?
1. Transfers.
2. Operating expenses.
3. Nonoperating expenses.
4. A special item.
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Related Book For
Fundamentals Of Governmental Accounting And Reporting
ISBN: 9781119736660
1st Edition
Authors: Bruce W. Chase
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