|
Title: The City of Ruth has been awarded a $1,000,000 federal expenditure-driven grant Post by: goji.go on Oct 21, 2014 The City of Ruth has been awarded a $1,000,000 federal expenditure-driven grant to improve bike trails. The federal government advanced the city $600,000 when the grant was awarded on January 10, 20X8. The city incurred $418,000 of qualifying expenditures during 20X8. How much should the city of Ruth recognize as unearned revenue for its fiscal year ending December 31, 20X8?
A. $182,000. B. $418,000. C. $582,000. D. $600,000. Title: Re: The City of Ruth has been awarded a $1,000,000 federal expenditure-driven grant Post by: f_zah1 on Oct 22, 2014 Content hidden
Title: Re: The City of Ruth has been awarded a $1,000,000 federal expenditure-driven grant Post by: goji.go on Oct 23, 2014 Thanks so much f_zah1.
You were correct :D Title: Re: The City of Ruth has been awarded a $1,000,000 federal expenditure-driven grant Post by: f_zah1 on Oct 23, 2014 You're very welcome!
|