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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 4: Accounting for Governmental Operating Activities–Illustrative Transactions and Financial Statements
  5. Question
    A Tourist Tax That Is Restricted for Use on Maintenance
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A Tourist Tax That Is Restricted for Use on Maintenance

Question 33

Question 33

True/False

A tourist tax that is restricted for use on maintenance projects in the historic downtown district should always be recorded as general revenues in the governmental activities journal.

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