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me My courses 2017 Fall BAC 406-L3 Week 2 >Quiz 2- Chapters 3 and 4 Question 13

ID: 2581200 • Letter: M

Question

me My courses 2017 Fall BAC 406-L3 Week 2 >Quiz 2- Chapters 3 and 4 Question 13 Not yet answered Points out of 1.00 P Flag question Using the information below, what amount should be accounted for in a special reve Warchouse equipment used to store supplies for delivery to all city departments and agencies on a cost reimbursement basis S300,000 Equipment used for supplying electric power to residents 1.750,000 Receivables for completed sidewalks to be paid for in installments by affected property owners. Construsction' was financed by special assessment bonds for which the town has no liability 1500,000 Cash received from federal government, dedicated to highway maintenance, that must be accounted for in a separate fund Select one a, $5,350,000 b, $3,300,000 c.$1,800,000 d. $2,100,000 O O Type here t

Explanation / Answer

a. 5350000

b. 330000

c. 1800000

d. 2100000

ANS - 1800000

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