Assume the Following Transactions Occurred in a School District General

question 21

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.

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Definitions:

Screen Time

The amount of time spent using devices with screens, such as televisions, computers, smartphones, and tablets, often discussed in the context of health and development.

Overweight

A condition where an individual carries more body fat than is healthily recommended for their height and age.

American Adults

Individuals over the age of 18 living in the United States, encompassing a wide range of demographics and lifestyles.

Percentage

A numerical representation that expresses a fraction of 100.