The town of Mabank uses a general fund for all financial transactions. Expenditures are recorded by type

Question:

The town of Mabank uses a general fund for all financial transactions. Expenditures are recorded by type of expenditure and by departmentT.he four categories of expenditures are personnel, supplies, other charges, and capital outlays. Departments are General Government, Public Safety, Fire Protection, and Recreation.

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Instructions:
Journalize the transactions for the current year. Use page 1 of a journal.

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Accounting Advanced

ISBN: 9780538447553

9th Edition

Authors: Claudia Bienias Gilbertson

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