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Expenditures for Supplies Ordered by a Special Revenue Fund Were

Question 54

Multiple Choice

Expenditures for supplies ordered by a special revenue fund were inadvertently recorded in the accounts of the General Fund in the amount of $100.Upon reimbursement of the $100,later the same month,the journal entry for the General Fund would include


A) A credit to Encumbrances.
B) A credit to Expenditures.
C) A credit to Interfund Transfers In.
D) A credit to Fund Balance.

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