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Business, 28.11.2019 20:31 GreenHerbz206

Franklin county operates a solid waste landfill that is accounted for in an enterprise fund. the county calculated this year’s portion of the total closure and postclosure costs associated with the landfill to be $300,000. the entry(ies) to record this cost should be: a). debit landfill expense $300,000; credit liability for landfill costs $300,000.b). debit landfill expense $300,000; credit liability for landfill costs $300,000 and include an addition of $300,000 on the schedule of changes in long-term obligations. c). show only an addition of $300,000 on the schedule of changes in long-term obligations. d). no entry in any fund; no entry in the schedule of changes in long-term liabilities.

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