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 because of the 60-day rule
D) Accrue interest on enterprise fund bonds
Correct Answer:
Verified
Correct Answer:
Verified
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