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.
Correct Answer:
Verified
Correct Answer:
Verified
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