The Following Items Were Included in the City of Wilson's $\begin{array}{llcc} \text {Computer for City Clerk } & \$3,000\\\text { Maintenance on heating units for City Hall }&\$9,000\end{array}$

question 134

Multiple Choice

The following items were included in the City of Wilson's General Fund expenditures for the year ended June 30, 2017:
$\begin{array}{llcc} \text {Computer for City Clerk } & \$3,000\\\text { Maintenance on heating units for City Hall }&\$9,000\end{array}$

How much should be classified as capital assets in Wilson's General Fund balance sheet at June 30, 2017?

• A) $ -0-.
• B) $ 3,000.
• C) $ 9,000.
• D) $12,000.

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Definitions:

Minority-Owned Organization

A business enterprise that is at least 51% owned, operated, and controlled by individuals from a recognized minority group.

Senior Citizens

Individuals who have reached a certain age, often considered to be the retirement age, and are usually entitled to various benefits.

Occupational

Relating to a job or profession, especially in terms of the skills, knowledge, and activities associated with it.

Cohort Subcultures

Groups within an organization or society that share common values or characteristics, typically based on age or generation.