The general fund billed $22,000 on August 15, 2016, for using the services of one of its
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Question:
The general fund billed $22,000 on August 15, 2016, for using the services of one of its internal service funds (INTERNAL SERVICE FUND). What accounts should be debited and credited, respectively, in the general fund to record this transaction?
a. Expenditures and Transfer Out to INTERNAL SERVICE FUND
b Encumbrances and Due to INTERNAL SERVICE FUND
c. Encumbrances and Transfer Out to INTERNAL SERVICE FUND
d. Expenditures and Due to INTERNAL SERVICE FUND
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