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    Political Science
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    Governmental and Not for Profit Accounting
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    Exam 4: The Governmental Fund Accounting Cycle
  5. Question
    Which Line Item Does Not Properly Appear in the Statement
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Which Line Item Does Not Properly Appear in the Statement

Question 3

Question 3

Multiple Choice

Which line item does not properly appear in the Statement of Revenues,Expenditures,and Changes in Fund Balance (operating statement) of a governmental fund?


A) expenditures--debt service
B) expenditures--capital outlay
C) property taxes receivable
D) beginning fund balance

Correct Answer:

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