City Parks Department activities are financed entirely with General Fund appropr

Question

City Parks Department activities are financed entirely with General Fund appropriations. It receives two invoices, one from the Lighting Enterprise Fund (EF) and one from the Printing Internal Service Fund (ISF). On receiving the invoices, which accounts should the Parks Department debit?

a. Due to Lighting EF and Due to Printing ISF
b. Expenditures (for lighting services) and Expenditures (for printing services)
c. Expenditures (for lighting services) and Operating transfers (for printing services)

Explanation / Answer

City Parks Department received two invoices. they are, one from Lighting Enterprise Fund (EF), and another one from Printing internal service Fund(ISF). On receiving the invoices, the department has to debit the followingaccounts.      b. Expenditure(for lighting services) and Expenditure (for printing servics)                       As the lighting services are expenditure for the department, the account of expenditure should be debited. And also printing services are the expenses for the department, so they should be debited.

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