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The Appropriate Entry in the Proprietary Fund Is a Debit

Question 10

Multiple Choice

The appropriate entry in the proprietary fund is a debit to cash for $500,000 and a credit for $500,000 to


A) Operating transfer in.
B) Nonreciprocal Transfer In.
C) Capital Contribution (Revenues) .
D) Investment provided by the General Fund.

Correct Answer:

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