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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
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9 years ago
Sales taxes levied by a county government are shared with the local municipal government. The municipal government chooses to use the intergovernmental revenues for drug enforcement activities. In the government-wide statement of activities, the municipal government would report the sales taxes as
A.   Unrestricted grants and contributions general revenue.
B.   Operating grants and contributions program revenue.
C.   Capital grants and contributions program revenue.
D.   A transfer in general revenue.
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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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