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The Initial Transfer of Cash from the General Fund to Establish

Question 1

Multiple Choice

The initial transfer of cash from the General Fund to establish a motor pool internal service fund would require the General Fund to credit Cash and debit:


A) Investment in Internal Service Fund.
B) Other Financing Uses-Transfers Out Control.
C) Expenditures - Vehicle maintenance.
D) Accounts Receivable-Internal Service Fund.

Correct Answer:

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