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Author Question: When an Internal Service Fund sends a bill to the General Fund, which account should the Internal ... (Read 114 times)

awywial

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  • Posts: 577
on: Jul 5, 2018
When an Internal Service Fund sends a bill to the General Fund, which account should the Internal Service Fund debit?
 
  a. expenditures - vehicle usage
  b. transfer out to the general fund
  c. revenues - vehicle charges
  d. due from general fund

Question 2

The balance sheet reports earnings on a specific date.
 a. True
   b. False
   Indicate whether the statement is true or false


shaikhs

  • Sr. Member
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Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

False


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