For each of the following events or transactions, identify the fund or funds that will be affected.

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1. A new city government establishes an employee pension program.

2. A utility department constructs a new building.

3. A truck is purchased for use at the centralized storage center.

4. A new fleet of police cars is purchased.

5. Property taxes are collected by a city government.

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Advanced Accounting

ISBN: 9780132568968

11th Edition

Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith

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Question Posted: Oct 15, 2011 11:00 AM

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For each of the following events or transactions, identify the fund or funds that will be affected.

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1 Pension trust fund 2 Enterpris...View the full answer

Advanced Accounting

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