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In which of the following circumstances must an enterprise fund be used to account for the activity? -To finance the acquisition of plant facilities, a
In which of the following circumstances must an enterprise fund be used to account for the activity? -To finance the acquisition of plant facilities, a newly created electric utility issues revenue bonds that will be repaid solely from operations of the electric utility. -To acquire needed plant facilities, a newly created electric utility enters into long term lease agreements. -A newly created electric utility fund will finance its operations by a charge to users based on kilowatt hours used. -To finance the acquisition of plant facilities, a newly created electric utility issues general obligation debt. In which of the following circumstances must an enterprise fund be used to account for the activity? -To finance the acquisition of plant facilities, a newly created electric utility issues revenue bonds that will be repaid solely from operations of the electric utility. -To acquire needed plant facilities, a newly created electric utility enters into long term lease agreements. -A newly created electric utility fund will finance its operations by a charge to users based on kilowatt hours used. -To finance the acquisition of plant facilities, a newly created electric utility issues general obligation debt
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