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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 UsesTransfers 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 $
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A proprietary fund makes a currently due principal payment on Bonds Payable
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A proprietary fund recognizes and pays an interest payment that is currently due
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A proprietary fund spends $ of a capital grant for construction of a parking garage. Assume eligibility has been met
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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 $
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