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goji.go goji.go
wrote...
Posts: 5977
9 years ago
The city's central garage, which is accounted for as an Internal Service Fund, repairs and maintains all of the city's vehicles. The fire department is accounted for in the General Fund. The Central Garage Internal Service Fund sends a bill to the fire department for $18,000, which represents the cost of maintaining fire trucks for the month. The Central Garage should record
A.   Debit Due from General Fund and credit Revenues.
B.   Debit Due from General Fund and credit Expenses.
C.   Debit Expenses and credit Due to General Fund.
D.   Debit Revenues and credit Due to General Fund.
Read 434 times
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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