Assume the Following Transactions Occurred in a School District General

Essay

Assume the following transactions occurred in a school district General Fund during the year:
-Charges for services collected - $25,000
-Taxes levied - $2,450,000
-Taxes collected from current year levy and prior year tax levies - $2,320,000
-Tax prepayments received - $10,000
-Grants earned and received during the year - $300,000
-Grants awarded but not yet available - $250,000
The amount of revenues recorded in the General Fund for the year would be
A. $2,895,000.
B. $2,655,000.
C. $2,645,000.
D. $2,450,000.