The city of Roscoe maintains several fund types. The following were cash receipts during the year: State grant for long-term road construction $1,000,000 $200,000 Interest on investments held in an employee pension plan Fees charged to airlines in a city owned airport $2,000,0000.

What amounts of these cash receipts should be accounting for in the general fund? 

Answer rating: 100% (QA)

To determine the amounts of the cash receipts that should be accounted for in the general fund we ne... View the full answer