b) restricted, commined,igedigned 36. Assuming that a govenment will collect its sales taxes in sufficient time to satisfy the "available" criterion, it would ordinarily recognize revenue from sales tases in its a) When the underlying sales transaction takes place b) On the date the merchant must remit the taxes to the govenment c) On the date the merchant must file a tax return d) When the taxes are received by the govenment 37. If businesses are "governed by the marketplace," governments are governed by? a) Legislative bodies b) Taxes e) Budgets d) State constitutions 38. The City of White Plains should report depreciation in which of the following fundst? a) General b) Special revenue c) Internal service d) Capital projects 39. In closing budgetary and expenditure accounts at year-end a government should a) Debit appropriations and credit expenditures b) Credit appropriations and debit expenditures c) Debit expenditures and credit fund balance d) Credit appropriations and debit fund balance 40. Property taxes are examples of a) An imposed exchange transaction b) An imposed non-exchange transaction c) A derived transaction d) A government mandated non-exchange transactio