Question: During the year, a citys electric utility, which is operated as an enterprise fund, rendered billings for electricity supplied to the general fund. Which of
During the year, a city’s electric utility, which is operated as an enterprise fund, rendered billings for electricity supplied to the general fund. Which of the following accounts should be debited by the general fund?
a. Appropriations.
b. Expenditures
c. Due to Electric Utility Enterprise Fund.
d. Transfers.
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