Depreciation Expense on Assets of the Public Safety Function Totaled $\quad$

question 38

Short Answer

Depreciation expense on assets of the public safety function totaled $195,000 for the year. The one-worksheet conversion adjustment necessary to record the depreciation expense as part of governmental activities would be $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\begin{array}{lrr}&\text { Debit } & \text { Credit }\end{array}$
A)
$\begin{array}{lcc}\text { Depreciation Expense - Public Safety } & \$ 195,000\\\text { Accumulated Depreciation } && \$ 195,000 \\\end{array}$

B)
$\begin{array}{lcc}\text { Depreciation Expense - Public Safety } & \$ 195,000 \\\text { Capital Outlay Expenditures }&& \$ 195,000 \\\end{array}$

C)
$\begin{array}{lll}\text { Capital Outlay Expenditures } \quad \quad \quad & \$ 195,000\\\text { Capital Assets }&& \$ 195,000 \\\end{array}$

D)
$\begin{array}{lll}\text { Capital Outlay Expenditures }\quad \quad \quad & \$ 195,000\\\text { Accumulated Depreciation }&& \$ 195,000 \\\end{array}$

• A)
• \(\begin{array}{lcc}
• \text { Depreciation Expense - Public Safety } & \$ 195,000\\
• \text { Accumulated Depreciation } && \$ 195,000 \\
• \end{array}\)
• B)
• \(\begin{array}{lcc}
• \text { Depreciation Expense - Public Safety } & \$ 195,000 \\
• \text { Capital Outlay Expenditures }&& \$ 195,000 \\
• \end{array}\)
• C)
• \(\begin{array}{lll}
• \text { Capital Outlay Expenditures } \quad \quad \quad & \$ 195,000\\
• \text { Capital Assets }&& \$ 195,000 \\
• \end{array}\)
• D)
• \(\begin{array}{lll}
• \text { Capital Outlay Expenditures }\quad \quad \quad & \$ 195,000\\
• \text { Accumulated Depreciation }&& \$ 195,000 \\
• \end{array}\)

---

Definitions:

Father

A father is a male parent or guardian of a child, contributing to the child's development and well-being through support, care, and guidance.

Socialized Medicine

In countries with socialized medicine, the government (1) directly controls the financing and organization of health services, (2) directly pays providers, (3) guarantees equal access to health care, and (4) allows some private care for individuals willing to pay for their medical treatment.

Canadian Health Care

A publically funded healthcare system providing services to citizens and residents of Canada, characterized by its universal coverage and accessibility.

Privatized System

A system in which services and industries are owned and operated by private individuals or companies, rather than by the government.