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The General Fund Used Electricity Provided by the City-Owned Electric

Question 30

Multiple Choice

The General Fund used electricity provided by the city-owned electric utility (an enterprise fund of the city) . The governmental activities journal entry to record the transaction will include:


A) A debit to Expenses.
B) A debit to Expenditures.
C) A debit to Internal Balances.
D) No entry would be recorded since the transaction is between two funds of the same government.

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