The general fund of the City of Columbia transferred money to establish an internal service fund for the city's data processing needs. The general fund of Columbia should account for this transaction as a(n):

Question

08-08-2022
Business

contestada

The general fund of the City of Columbia transferred money to establish an internal service fund for the city's data processing needs. The general fund of Columbia should account for this transaction as a(n):

Respuesta :

Otras preguntas

In 1838, Matthias Schleiden published his observation that plant tissues are composed of cells. A year later, Theodor Schwann published evidence that animal tis

On the southern plains, the Kiowa were especially noted for their _______, which were pictographs that recorded the tribe's history. a.memorials b.blankets c.

Jarod was in a motorcycle accident that left him unable to recognize and discriminate objects visually. when his therapist tosses a crumpled piece of paper towa

In 1892, schools adopted the daily recitation of the "pledge of allegiance" in order to

There are eight rooms in Fern's home . Two of them are used for her office space. What percentage of the home's rooms is not used for the office space?

PLS HELP!!! Which of the following sentences is NOT correct? A) My kids are 8 and 12. B) It's been two, three years since we saw them. C) I bought a watch for f

The phrase "bundle of legal rights" is properly included in

Act as a critic and describe, in your own words: Does this poem achieve its purpose? Why or why not? Your answer should be at least one hundred words.

What was a provision of the Magna Carta?

Imi puteti spune intr-o compunere de 150 cuv. ''D-l Goe... '' pe momentele subiectului?

Tutorconsortium361 Tutorconsortium361 · Answer 1 · 2022-08-14T19:10:08+02:00

The general fund of the City of Columbia transferred money to establish an internal service fund for the city's data processing needs. The general fund of Columbia should account for this transaction as a interfund transfer

What is interfund transfer?

Interfund transfers are asset flows between funds that do not have equivalent asset flows in return and do not require repayment. Transfers between funds are not used to account for interfund loans or borrowing.

If possible, you should save your second IFT for the end of the calendar month, but the market is in charge. Nobody possesses a crystal ball. Just keep in mind that using the second IFT early in the month removes you from the game until the beginning of the following month.

The term Interfund refers to transactions in which assets are transferred between two funds within an organization.

To know more about interfund transfer follow the link:

https://brainly.com/question/25280941

#SPJ4