Multiple Choice
Use the following information to answer
The City of Brockton voted to establish an internal service fund to account for its printing services.The City transferred $500,000 cash from the General Fund to the newly created internal service fund.
-The appropriate entry in the internal service fund is a debit to cash for $500,000 and a credit for $500,000 to
A) Due to general fund.
B) Transfer in.
C) Capital contribution Revenues.
D) Investment provided by the general fund.
Correct Answer:

Verified
Correct Answer:
Verified
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