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goji.go goji.go
wrote...
Posts: 5977
9 years ago
The county received a $1,500,000 restricted grant from the state government to be used to improve its public safety department's communication systems. The county will not meet all eligibility requirements of the grant until next fiscal year, when the county plans to begin incurring expenditures for this purpose. In the current year, the General Fund should report this grant as
A.   Other financing sources.
B.   Deferred revenues.
C.   Revenues.
D.   Unearned revenues.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
wrote...
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Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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