Question: Foxtail County operates a solid waste landfill that is accounted for in a governmental fund. The county calculated this year's portion of the total closure
Foxtail County operates a solid waste landfill that is accounted for in a governmental fund. The county calculated this year's portion of the total closure and postclosure costs associated with the landfill to be $ The entry to record this cost should be
Group of answer choices
Debit landfill expenditure $; Credit liability for landfill costs $
Debit landfill expenditure $; Credit liability for landfill costs $ AND include $ as an addition on the schedule of changes in longterm obligations.
No entry in the fund; include $ on the schedule of changes in longterm obligations.
No entry in the fund; no addition on the schedule of changes in longterm obligations.
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