) Which of the following items would not appear in a statement of revenues, expenditures, and changes in fund balances prepared for a governmental fund?

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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8
Which of the following items would not appear in a statement of revenues, expenditures, and changes in fund balances prepared for a
governmental fund?
Multiple Choice
Depreciation expense.
Interfund transfers in.
Revenues from property taxes.
Expenditures for employee salaries.
Transcribed Image Text:8 Which of the following items would not appear in a statement of revenues, expenditures, and changes in fund balances prepared for a governmental fund? Multiple Choice Depreciation expense. Interfund transfers in. Revenues from property taxes. Expenditures for employee salaries.
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