Which of the following items is NOT an example of an item that would be reported as Other Financing Sources/Uses in the general fund?
A) $10 million received from the issuance of bonds.
B) $7,000 received from the sale of a used bulldozer.
C) $200,000 capital lease obligation for a new bulldozer.
D) $100,000 paid to a Motor Pool Internal Service Fund for automobile usage during the period.

Question

Quizplus · Accepted Answer

$100,000 paid to a Motor Pool Internal Service Fund for automobile usage during the period is not an example of an item that would be reported as Other Financing Sources/Uses in the general fund because it is an operating transaction.

Which of the Following Items Is NOT an Example of an Item