The school system had some booklets printed by a local print shop on September 22,2008.The school system was charged $1,560 for the printing,but the bill is not due until October.
Required:
(A. )Prepare the required journal entry in the General Fund for the Fund-Based Financial Statements.
(B. )Prepare the required journal entry for the Government-Wide Financial Statements.
Correct Answer:
Verified
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