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The general fund collects taxes that are legally restricted for use in a future year. The amount of the collections is reported on the general
The general fund collects taxes that are legally restricted for use in a future year. The amount of the collections is reported on the general fund's:
Select one:
A. Operating statement as an other financing source.
B. Balance sheet as a deferred inflow.
C. Operating statement as revenues.
D. Balance sheet as a liability.
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