Multiple Choice
The following general fund budget was approved by Plumas County for the current year:
Plumas County uses the GAAP budgetary basis for outstanding encumbrances.
Required
During the year, various transactions and events occurred that affected the general fund. For each of the following events, indicate in the space next to each of the names of the listed accounts whether the account should be debited, credited, or is not affected.
The general fund moves money to the debt service fund for payment of principal and interest on general obligation debt.
-Due from debt service fund
A) debited
B) credited
C) not affected
Correct Answer:

Verified
Correct Answer:
Verified
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