General Fund Resources Were Expended in the Amount of $185,000

Multiple Choice

General Fund resources were expended in the amount of $185,000 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.