The city of portage purchased equipment for the fire, Ask an Expert

Accounting

The City of Portage purchased equipment for the fire department. If the operations of the fire department are financed by general fund revenues, the purchase would be recorded in which funds and/or activities?

A) General Fund: No; Governmental Activities : Yes

B) General Fund: No Governmental Activities: No

C) General Fund: Yes Governmental Activities: No

D) General Fund: Yes Governmental Activities: Yes

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M993030

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