Interfund transfers from the general fund to a capital, Ask an Expert

Accounting

Interfund transfers from the General Fund to a capital projects fund to provide partial financing of a capital project would be reported by the capital projects fund as a (an)

A) Other financing source.

B) Revenue.

C) Fund balance addition.

D) Current liability.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M993007

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