Question: 4-17. Multiple Choice. (LO4-1 through L04-5) Choose the best answer. page 165 1. The City of Medford purchased a fire truck for the fire department.

4-17. Multiple Choice. (LO4-1 through L04-5) Choose the best answer. page 165 1. The City of Medford purchased a fire truck for the fire department. If the operations of the fire department are financed by general revenues, an asset would be recorded in which journal(s)? General Fund Governmental Activities a. Yes No b. No No C. No Yes d. Yes Yes

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