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The following information pertains to Shinedown's water and sewer fund, an enterprise fund, for the year ended June 30, 20x0: Operating revenues Operating expenses-excluding depreciation
The following information pertains to Shinedown's water and sewer fund, an enterprise fund, for the year ended June 30, 20x0: Operating revenues Operating expenses-excluding depreciation Depreciation expense Supplies Inventory Cash $840,000 610,000 50,000 10,000 130,000 Based upon the information presented, what was the increase in the enterprise fund's unrestricted net assets for the fiscal year ended June 30 20X0? O $320,000 $310000 O $230,000 -> O $180,000
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