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The following revenues were among those reported by Pity City in the current year: Net rental revenue from a parking garage owned by Pity $400,000
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The following revenues were among those reported by Pity City in the current year:
Net rental revenue from a parking garage owned by Pity $400,000
Net billings by central supplies to other city departments 300,000
Fines and penalties received from traffic tickets 200,000
What amount of the foregoing revenues should be accounted for in Pitys proprietary-type funds?
$200,000
$400,000
$600,000
$700,000
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