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Which of the Following Entries Would Be Used to Record

Question 121

Multiple Choice

Which of the following entries would be used to record the purchase of water by the General Fund?


A) DR- Expense; CR- Due to Enterprise Fund
B) DR- Expenditure; CR- Due to Enterprise Fund
C) DR- Transfer Out; CR- Cash
D) DR- Due to Enterprise Fund; CR- Cash

Correct Answer:

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