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The Following Items Were Included in Castle City's General Fund

question 30

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The following items were included in Castle City's General Fund expenditures for the year ended June. The following items were included in Castle City's General Fund expenditures for the year ended June.   How much should be classified as capital assets in Castle City's General Fund balance sheet at June 30? A)  $0. B)  $6,000. C)  $20,000. D)  $26,000.
How much should be classified as capital assets in Castle City's General Fund balance sheet at June 30?


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