Multiple Choice
Which of the following is not required to convert from the modified accrual basis to the accrual basis in preparing the government-wide statements?
A) Record general capital assets
B) Change expenditures for debt service principal to reduction of liabilities
C) Make adjustments to revenues deferred under the 60 day rule
D) Accrue interest on enterprise fund bonds
Correct Answer:
Verified
Correct Answer:
Verified
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