The city's central garage, which is accounted for as an Internal Service Fund, repairs and maintains all of the city's vehicles. The fire department is accounted for in the General Fund. The Central Garage Internal Service Fund sends a bill to the fire department for $18,000, which represents the cost of maintaining fire trucks for the month. The Central Garage should record
A) Debit Due from General Fund and credit Revenues.
B) Debit Due from General Fund and credit Expenses.
C) Debit Expenses and credit Due to General Fund.
D) Debit Revenues and credit Due to General Fund.
Correct Answer:
Verified
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