When a Supplies Internal Service Fund Records a Billing to the General

question 30

Multiple Choice

When a supplies internal service fund records a billing to the General Fund, the journal entry in the internal service fund will include:

• A) A debit to Due from General Fund.
• B) A debit to Due to General Fund.
• C) A debit to Billings to Department.
• D) A debit to Inventory of Supplies.

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Definitions:

False Consensus Effect

The bias to overestimate the extent to which others share our beliefs, attitudes, or behaviors.

Personal Growth

The process of developing self-awareness, building personal skills, and working towards potential through personal development activities.

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Referring to honesty, authenticity, and sincerity in one’s behavior and interactions with others.

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Having the capacity to understand and share the feelings or emotional states of another person.