General Fund Resources Were Expended in the Amount of $180,000

question 52

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 because only current financial resources are recorded in the General Fund.

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Definitions:

Starter Motor

Electric motor that converts electrical energy from the cranking circuit into the mechanical energy required to start the engine. Also known as cranking motor. Although not common, air-actuated starter motors are also used on trucks.

Starter Drive Assembly

A component of an engine's starting system that engages the flywheel to initiate engine rotation during startup.

Starter Relay

An electrical device that switches a large current to the starter motor, initiating the engine's operation.

Jumper Wire

A short electrical wire or conductor used to bridge or bypass part of an electronic circuit, allowing for testing or reconfiguration of the circuit.