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E2-5 (Expenditures) Which of the following should be reported as expenditures in governmental funds? a. Salaries. b. Interest on short-term debt. c. Purchase of

E2-5 (Expenditures) Which of the following should be reported as expenditures in governmental funds? a. Salaries. b. Interest on short-term debt. c. Purchase of equipment. d. Long-term liability principal retirement. e. Depreciation. f. Short-term liability principal retirement.

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