Question
A local government reports the following: Deferred outflow of resources from an enterprise fund $ 40,000 Due to debt service fund from general fund 185,000
A local government reports the following:
Deferred outflow of resources from an enterprise fund | $ 40,000 |
Due to debt service fund from general fund | 185,000 |
Total defined benefit pension liability of a pension (or other employee benefit) trust fund | 860,000 |
Noncurrent liability of an enterprise fund for an operating lease | 10,000 |
Liability of an investment trust fund for the external portion of an external investment pool sponsored by the local government | 250,000 |
The amount reported as liabilities in the government-wide statement of net position is
$195,000
$10,000
$250,000
$1,110,000
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