Departments accounted for general fund of government unit


Depreciation of capital assets used by departments accounted for by the General Fund of a governmental unit should be accounted for in:

A. The government-wide journal.

B. The General Fund's fund-based journal.

C. Both the government-wide journal and the General Fund's fund-based journal.

D. Neither the government-wide journal nor the General Fund's fund-based journal.

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Accounting Basics: Departments accounted for general fund of government unit
Reference No:- TGS054953

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