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1. Please provide the different areas of a municipal accounting system involved in handling the following transaction types: a. Issue and cash receipt of property
1. Please provide the different areas of a municipal accounting system involved in handling the following transaction types:
a. Issue and cash receipt of property taxes in a municipality.
b. Receipt of a vendor invoice and the subsequent payment to the vendor.
c. An employee hands in their bi-weekly time card to be processed and payment is issued the following week.
d. Fuel company delivers 1,000 liters of fuel to the public works yard.
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