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The city of Valley Ridge uses an internal service fund to centralize purchasing and distribution services among departments. The General Fund received $50,000 of supplies

The city of Valley Ridge uses an internal service fund to centralize purchasing and distribution services among departments. The General Fund received $50,000 of supplies on May 15, which were paid for on June 1. Which of the following statements is correct? Multiple choice question. Due to Other Funds (Supplies Fund) should be credited on June 1. Expenditures Control should be credited on May 15. Cash should be credited on June 1

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