How Should Lewis County Account for the Amount Transferred on June

question 24

Multiple Choice

How should Lewis County account for the amount transferred on June 20 if the county maintains its books and records in a manner that facilitates the preparation of fund financial statements?

• A) Debit Cash with fiscal agent and expenditures; Credit Cash and interest payable.
• B) Debit Cash with fiscal agent and interest expense; Credit Cash and interest payable.
• C) Debit Expenditures; Credit Cash.
• D) Debit Cash with fiscal agent; Credit Cash.

---

Definitions:

Major Affective Disorder

A category of mood disorders characterized by significant emotional disturbances, which can include either periods of intense sadness (depression) or excessive happiness (mania).

Anorexia Nervosa

A psychiatric disorder characterized by an intense fear of gaining weight and a distorted body image, leading to severe restriction of food intake and weight loss.

Bulimia

An eating disorder characterized by episodes of binge eating followed by behaviors to avoid weight gain, such as self-induced vomiting, excessive exercise, or the use of laxatives.

Hyperinsulinemia

A condition characterized by an excessive level of insulin in the blood, often associated with type 2 diabetes and obesity.