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Which one of the following is an expenditure of the current year for a general fund? A. Estimated bad debts for the current year B.

Which one of the following is an expenditure of the current year for a general fund?

A.

Estimated bad debts for the current year

B.

Purchase in the current year of equipment with an estimated life of 20 years

C.

Short-term investments made in the current year.

D.

Pension benefits earned by current employees.

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