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Based on the Account Balances Below, What Is the Total

question 151

Multiple Choice

Based on the account balances below, what is the total of the debit and credit columns of the adjusted trial balance? Based on the account balances below, what is the total of the debit and credit columns of the adjusted trial balance?   A) $11,150 B) $12,840 C) $11,560 D) $12,430


Definitions:

Special Revenue Fund

A fund used by a government to account for revenue from specific sources that are legally restricted to expenditure for particular purposes.

Capital Projects Fund

A type of governmental accounting fund used to finance and track the costs of major capital improvements and constructions.

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