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    Essentials of Accounting Study Set 3
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    Exam 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority
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    The Revenues Account of a Government Is Credited When
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The Revenues Account of a Government Is Credited When

Question 29

Question 29

Multiple Choice

The Revenues account of a government is credited when:


A) the budget is recorded in the accounts.
B) property taxes are collected.
C) property taxes are levied.
D) budgetary accounts are closed at the end of the year.

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