Cash provided by the General Fund for a capital project would be recorded in a capital projects fund as a (an):

Question

Quizplus · Accepted Answer

Cash provided by the General Fund for a capital project would be recorded in a capital projects fund as an Other Financing Source. Other Financing Sources are inflows of resources from sources other than current revenues and proceeds of debt issuances. This includes transfers in from other funds, grants, and donations. The General Fund is a source of resources that is external to the capital projects fund and, therefore, would be recorded as an Other Financing Source.

Cash Provided by the General Fund for a Capital Project