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The General Fund for the city of Santa Cruz purchased $1,500,000 of legal services from the city's Legal Proprietary Fund but has only transferred half
The General Fund for the city of Santa Cruz purchased $1,500,000 of legal services from the city's Legal Proprietary Fund but has only transferred half of the amount to the proprietary fund for payment. Show the effect of the transaction on the General Fund. General Fund Assets = Liabilities Fund Balance [BLANK 1] [BLANK 2] [BLANK 3]
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Managerial Accounting
Authors: James Jiambalvo
6th edition
978-1119158011
