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  3. Study Set
    Advanced Accounting Concepts and Practice
  4. Exam
    Exam 24: Governmental Accounting: Basic Principles and the General Fund
  5. Question
    Any General Ledger Account That Is Debited or Credited for Which
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Any General Ledger Account That Is Debited or Credited for Which

Question 136

Question 136

True/False

Any general ledger account that is debited or credited for which the offsetting credit or debit increases or decreases the Fund Balance account, respectively, is part of the measurement focus for governmental funds.

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