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goji.go goji.go
wrote...
Posts: 5977
9 years ago
A General Fund receives an invoice from the Electric Utility Fund (an Enterprise Fund) for electricity provided by the Utility Fund. When it receives the invoice, what account should be debited in the General Fund?
      a.   due from electric utility fund
      b.   transfer in from electric utility fund
      c.   expenditures - utility services
      d.   due to electric utility fund
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3 Replies
Diesel
Replies
Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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