The city council decides to close the Library Special Revenue fund and send its remaining resources ($95.000 call Fund. What account should the Library Special Revenue Fund debit when it sends the calk to the General Fund? Expenditures for general fund Transfer out to general fund Received from general fund Advance to public fund

The city council decides to close the Library Special Revenue fund and send its remaining resources ($95.000 call Fund. What account should the Library Special Revenue Fund debit when it sends the calk to the General Fund? Expenditures for general fund Transfer out to general fund Received from general fund Advance to public fund

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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