What amount of the following items should be accounted for in an enterprise fund

Question

What amount of the following items should be accounted for in an enterprise fund?Warehouse equipment used to store supplies for delivery to all city departments and agencies on a cost- reimbursement basis   $350,000Equipment used for supplying electric power to residents $2,100,000Receivables for completed sidewalks to be paid for in installments by affected property owners. Construction was financed by special assessment bonds for which the town has no liability $1,760,000         Cash received from federal government, dedicated to highway maintenance, that must be accounted for in a separate fund $1,640,000

Explanation / Answer

$2,100,000

Equipment used for supplying electric power to residents $2,100,000Receivables for completed sidewalks to be paid for in installments by affected property owners.

As there is receivables for the enterprise from supplying the equipment,so, it is considered as enterprise fund.

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