General Fund Resources Were Expended in the Amount of $180,000

Multiple Choice

General Fund resources were expended in the amount of $180,000 to purchase a new fire truck.The General Fund would debit:

A) Expenditures Control.
B) Capital assets -Motor Vehicles.
C) Both (a) and (b) above.
D) None of the above; no entry is made in the General Fund when a motor vehicle is purchased because only current financial resources are recorded in the General Fund.