Ina governmental fund, which one of the following constitutes revenue?

a. Cash received from another fund of the same unit

b. Bond proceeds

c. Property taxes

d. Refundonaninvoiceforfuel

In governmental fund, which of the following is considered an expenditure?

a. The purchase of a capital asset

b. The consumption of supplies

c. Salaries earned by employees

d. All of the above

In the recording of a citys budget, which one of the following accounts is debited?

a. Appropriations b. EstimatedRevenues c. EstimatedOtherFinancingUses d. Encumbrances

Which of the following accounts of a governmental unit is usually credited when taxpayers are billed for property taxes? a. Appropriations b. TaxesReceivableCurrent c. EstimatedRevenues d. Revenues