Through an internal service fund, New County operates a centralized data processing center to provide services to
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Question:
Through an internal service fund, New County operates a centralized data processing center to provide services to New's other governmental units. In Year 1, this internal service fund billed New's parks and recreation fund $150,000 for data processing services. What account should New's internal service fund credit to record this $150,000 billing to the parks and recreation fund?
Interfund exchanges.
Operating revenues control.
Data processing department expenses.
Intergovernmental transfers.
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ISBN: 978-1439080672
8th Edition
Authors: William G Zikmund, Barry J. Babin, Jon C. Carr, Mitch Griff
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