Business
Business, 06.08.2019 01:20, blackops3318

Jefferson county bought a new backhoe using general fund cash. when the asset was acquired, what was the appropriate entry that was made in the general fund, assuming that the entity maintains its books and records in a manner to facilitate the preparation of fund financial statements? a. debit equipment; credit cash. b. debit equipment; credit investment in fixed assets. c. debit expenditure; credit cash. debit expenditure; d. credit investment in fixed assets.

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Jefferson county bought a new backhoe using general fund cash. when the asset was acquired, what was...

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