8Which of the following items would not appear in a statement of revenues, expenditures, and changes in fund balances prepared for agovernmental fund?Multiple ChoiceDepreciation expense.Interfund transfers in.Revenues from property taxes.Expenditures for employee salaries.

A governmental fund is an accounting entity used to account for the financial resources and…

Answered: ) Which of the following items would…

) Which of the following items would not appear in a statement of revenues, expenditures, and changes in fund balances prepared for a governmental 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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Question

8
Which of the following items would not appear in a statement of revenues, expenditures, and changes in fund balances prepared for a
governmental fund?
Multiple Choice
Depreciation expense.
Interfund transfers in.
Revenues from property taxes.
Expenditures for employee salaries.

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