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.
Correct Answer:
Verified
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