Queens County operates a cybersecurity unit to monitor risk for all the other government units via an

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Queens County operates a cybersecurity unit to monitor risk for all the other government units via an Internal Service Fund. Year 1, the Cybersecurity unit bills $200,000 to Queens County Park and Recreation Fund for its services.

What account should the Cybersecurity Unit CREDIT record the $200,000 billing to the Park and Recreation Fund?

Related Book For answer-question

Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

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Posted Date: Sep 30, 2023 07:38 AM

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Queens County operates a cybersecurity unit to monitor risk for all the other government units via an

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The Cybersecurity Unit should credit the Service Revenue or Service Income account whe... View the full answer

Governmental and Nonprofit Accounting

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