A tourist tax that is restricted for use on maintenance projects in the historic downtown district should always be recorded as general revenues in the governmental activities journal.
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Q11: Under current GASB standards the revenue from
Q12: Encumbrances Outstanding is shown on the balance
Q13: Budgetary entries are not recorded at the
Q14: A payment made by the General Fund
Q15: Recording the annual budget is optional in
Q17: The Governmental Activities column of the government-wide
Q18: The Governmental Activities column of the statement
Q19: The government-wide statement of net position is
Q20: Current financial resources include cash and items
Q21: All amounts due to or from other
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