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For each of the following transactions, determine the correct debit account from among the choices below: A . Expenditures B . Encumbrances C . Property,

For each of the following transactions, determine the correct debit account from among the choices below:
A. Expenditures
B. Encumbrances
C. Property, Plant, and Equipment (Capital Assets)
D. Expenses
E. Appropriations
F. Other Financing Uses-Transfers Out
G. Extraordinary Item
H. Special Items
I. Liabilities
J. Answer not included in the above selections
A proprietary fund signs a contract to build an office building with Do Good Construction for $10,000,000
Answer 1 Question 3
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A proprietary fund makes a currently due principal payment on Bonds Payable
Answer 2 Question 3
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A proprietary fund recognizes and pays an interest payment that is currently due
Answer 3 Question 3
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A proprietary fund spends $5,000,000 of a capital grant for construction of a parking garage. Assume eligibility has been met
Answer 4 Question 3
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A citys water supply in a proprietary fund is contaminated by terrorists. Cost of clean up, disposal and importation of a fresh water supply totals $50,000,000

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