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goji.go goji.go
wrote...
Posts: 5977
9 years ago
A court judgment was rendered against a county in which they were ordered to pay $500,000 in equal installments over a five-year period to the plaintiff. The county's General Fund will
A.   Report a fund liability of $500,000 in Year 1.
B.   Report expenditures of $500,000 in Year 1.
C.   Report expenditures of $100,000 in Year 1.
D.   Report expenditures of $100,000 in Year 1 and a fund liability of $400,000.
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3 Replies
Diesel
Replies
Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
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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