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During the current fiscal year, the Palm Springs government recorded a $15,400 transfer from the General Fund to an internal service fund, a $25,400 transfer
During the current fiscal year, the Palm Springs government recorded a $15,400 transfer from the General Fund to an internal service fund, a $25,400 transfer from the General Fund to an enterprise fund, a $5,500 transfer from an enterprise fund to an internal service fund, and a $10,600 transfer from an enterprise fund to the General Fund. In the Business-type Activities column of the government-wide financial statements, Palm Springs should report
answer: Net transfers in of $9,300
PLEASE SHOW CALCULATION! Thank you!
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