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goji.go goji.go
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Posts: 5977
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10 years ago
The Utility Enterprise Fund is in Year 2 of a three year construction project that is projected to cost $3,000,000. The fund incurred $300,000 of costs in Year 1 and $1,800,000 in Year 2. The fund will report
A.   Expenses of $300,000 in Year 1 and $1,800,000 in Year 2.
B.   Total construction in progress in Year 2 of $1,800,000.
C.   Total construction in progress in Year 2 of $2,100,000.
D.   Expenditures of $300,000 in Year 1 and $1,800,000 in Year 2.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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Posts: 10774
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10 years ago
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