The column total for Other Accounts in the cash payments journal is not posted to the general ledger.
a. True
b. False
Indicate whether the statement is true or false
Question 2
1,000,000 of General Fund cash was contributed to provide permanent capital for a newly established municipal landfill Enterprise Fund. This transaction is an example of an interfund
A. Transfer.
B. Services provided and used transaction.
C. Reimbursement transaction.
D. Loan.