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goji.go goji.go
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Posts: 5977
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9 years ago
A Capital Project Fund received a $300,000 transfer from the General Fund and a $500,000 federal grant for a highway project. The grant is being paid in two phases–$200,000 for Year 1 expenditures and $300,000 when the project is completed (which is anticipated to be at the end of Year 2). Capital Project Fund revenues reported at the end of Year 1 should be
A.   $0.
B.   $200,000.
C.   $300,000.
D.   $800,000.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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9 years ago
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goji.go Author
wrote...
#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
9 years ago
You're very welcome!
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