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Business, 04.04.2020 01:56 kaleahearly123

An internal service provided and used by a state or local government .
a. Is the internal counterpart to a nonexchange transaction.
b. Requires recognition of an other financing source by the transferee fund and an other financing use by the transferor fund.
c. Normally is displayed in the financial statements as a reimbursement.
d. Results in expenditures or expenses to buyer funds and revenues to seller funds.

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An internal service provided and used by a state or local government .
a. Is the internal coun...
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