Which of the following items would be found in a city's General Fund statement of revenues, expenditures, and changes in fund balance?

Question

Quizplus · Accepted Answer

Other financing sources are included in the General Fund statement as they represent inflows of financial resources, such as transfers from other funds or proceeds from debt issuance. Depreciation is not recorded in governmental funds, appropriations are budgetary tools, and encumbrances are commitments not yet expenditures.

Which of the Following Items Would Be Found in a City's