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A city starts a solid waste landfill during 2020. When the landfill was opened the...

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Accounting

A city starts a solid waste landfill during 2020. When the landfill was opened the city estimate that it would fill to capacity within 5 years and that the cost to cover the facility would be 1.5 million which will not be paid until the facility is closed. At the end of 2020 the facility was 20% full. A. record the transaction if he landfills is. Viewed as an enterprise and on government wide financial statements. B. Record the transaction if the landfill is viewed as a general fund and on fund financial statement

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