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Accounting for Landfills A county operates a landfit, reported in an enterprise fund. For fiscal 2020. operating expenses are 114.5 million, of which $1 minon

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Accounting for Landfills A county operates a landfit, reported in an enterprise fund. For fiscal 2020. operating expenses are 114.5 million, of which $1 minon is depreciation on tants acades and 312.5 million is poitin cash. At the start of fiscal 2020, the enterprise fund reports a liability for future closure and postclosure care of $9.4 m ont the end of fiscal 2020, the estimated current dose and postclosure care is so mition, and the landfin is 20 filed Required Prepare the journal entries to record the above information in the land enterprise fund. Enter answers using all reros (do not abbreviate to milions of thousands) Description Debit Credit Operating expenses-current operations 1450.000 Capital assets, bet D 1.800.000 Cash D 12.500.000 Accounts payable 200,000 To record operating expenses O Operating expenses-closure and posture costs 0 Liability for dosure and post closure costs To adjust the liability for dosure and postcoure costs

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