Which of the following financial statements would be prepare

Which of the following financial statements would be prepared for enterprise funds?

        

Statement of Revenues, Expenditures, and Changes in Fund Balance

Statement of Net Position

Statement of Cash Flows

All of the above

B and C

A.

Statement of Revenues, Expenditures, and Changes in Fund Balance

B.

Statement of Net Position

C.

Statement of Cash Flows

D.

All of the above

E.

B and C

Solution

The correct answer is D.

All of the above

For the better presentation of Financial Statement and by following the accounting priciples following are prepared for the enterprise funds:

Statement of Revenues, Expenditure and changes in fund balance

Statement of Cash flows

Statement of Net Position

Conclusion: For preparation of enterprise funds all the above are prepared

D.is correct option

Which of the following financial statements would be prepared for enterprise funds? Statement of Revenues, Expenditures, and Changes in Fund Balance Statement o

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