General Fund Resources Were Expended in the Amount of $185,000

question 27

Multiple Choice

General Fund resources were expended in the amount of $185,000 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:

LGBT Youths

LGBT youths are young individuals who identify as lesbian, gay, bisexual, transgender, or are exploring their sexual orientation or gender identity, often facing unique challenges in society.

Bullying

Refers to an ongoing interaction in which a child repeatedly attempts to inflict physical, verbal, or social harm on another child; also known as peer victimization.

Suicide

Death caused by self-directed injuries with the intent to die.

Principal

The most important or leading person in an organization, group, or institution.