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    Political Science
  3. Study Set
    Governmental and Not for Profit Accounting
  4. Exam
    Exam 4: The Governmental Fund Accounting Cycle
  5. Question
    Which Line Item Would Not Properly Appear in the Closing
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Which Line Item Would Not Properly Appear in the Closing

Question 15

Question 15

Multiple Choice

Which line item would not properly appear in the closing entry of a governmental fund?


A) expenditures-public safety salaries
B) expenditures-debt service
C) fund balance
D) expenditures-depreciation

Correct Answer:

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