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    Advanced Accounting Study Set 12
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    Exam 16: Accounting for State and Local Governments, Part I
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    Kurt City Makes a Transfer of $120,000 from the General
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Kurt City Makes a Transfer of $120,000 from the General

Question 69

Question 69

Essay

Kurt City makes a transfer of $120,000 from the General Fund to the Debt Service Fund.Required:Prepare the required journal entries and identify the funds in which they are recorded.

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