A special revenue fund for flood control has these transactions: Payroll, $400,000; equipment purchases, $800,000;...
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Accounting
A special revenue fund for flood control has these transactions: Payroll, $400,000; equipment purchases, $800,000; maintenance costs, $1,200,000; payments to the general fund, $200,000. On the special revenue fund operating statement, what are total expenditures? Select one: a. $1,600,000 b. $2,400,000 c. $1,800,000 d. $2,600,000
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