Fundamentals of Advanced Accounting 5th Edition by Joe Ben Hoyle,Thomas Schaefer,Timothy Doupnik

تمرين 22

Cash of $60,000 is transferred from the General Fund to the Debt Service Fund. What is reported on the government-wide financial statements
a. No reporting is made.
b. Other Financing Sources increase by $60,000; Other Financing Uses increase by $60,000.
c. Revenues increase by $60,000; Expenditures increase by $60,000.
d. Revenues increase by $60,000; Expenses increase by $60,000.