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TEST BANK and SOLUTION MANUAL for - Accounting for Governmental & Nonprofit Organizations, 2nd Edition by Terry K. Patton ISBN 13: 978-1618534217
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1. A city-owned electric utility sent bills to the city for electricity provided for the city’s administrative offices. Answer: Enterprise Fund, General Fund Practice Exercise © Cambridge Business Publishers 60 2. The city’s mass transit bus system received an operating transfer from the city’s main operating fund. Answer: Enterprise Fund, General Fund Practice Exercise © Cambridge Business Publishers 61 3. The city collected sales taxes from the state to finance its general government operations. Answer: General Fund 4. The city sold bonds to construct a new convention center. Answer: Capital Projects Fund
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Institution
West Virgina University
Course
ACCOUNTING TAXATION (NURS01)
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1 a city owned electric utility sent bills to the
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