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When a Supplies Internal Service Fund Records a Billing to the General

Question 75

Multiple Choice

When a supplies internal service fund records a billing to the General Fund, the journal entry in the General Fund will include:


A) A debit to Cost of Supplies Issued.
B) A credit to Interfund Loans Payable.
C) A debit to Expenditures.
D) A credit to Billings to Department.

Correct Answer:

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