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When a fire truck purchased from General Fund revenues was received, the appropriate journal entry was made in the governmental activities general journal. What account, if any, should have been debited in the General Fund?

A) No journal entry should have been made in the General Fund.

B) Expenditures.

C) Capital Assets.

D) Encumbrances.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9412397

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