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22) At the incepti on of the City of Covedale's motor pool, $1,000,000 was transferred from the . The entry in the Internal Service Fund

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22) At the incepti on of the City of Covedale's motor pool, $1,000,000 was transferred from the . The entry in the Internal Service Fund included a credit (4pts) General Fund as beginning capital Revenue. G Capital. Net Assets. Interfund Transfer In. ) Which of the following is not a typical year-end statement for an Enterprise (4pts) Fund? Statement of Revenue, Expenses and Changes in Net Assets G All of these financial statements would be used at year end by an Enterprise Fund. Balance Sheet Statement of Cash Flows 24) For the Statement of Cash Flows for an Proprietary Fund: (4pts) interest paid and interest earned are included in cash flows from operating activities 0 the direct or indirect method may be used D cash flows from investing activities include fixed asset acquisitions a a reconciliation of net operating income to net cash flow from operating activities is required when the direct method is used

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