The General Fund paid vouchers during the year in the amount of $3,200,000 as well as its
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Question:
The General Fund paid vouchers during the year in the amount of $3,200,000 as well as its liabilities for employees’ federal and state income taxes withheld and payroll taxes.
Required:
Record the payment of these items in both the General Fund and governmental activities general journals.
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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