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A city built a park in 20x1. Funding for the park construction had the following sources: Issuance of Bonds 50,000 Transfer from City General Fund
A city built a park in 20x1. Funding for the park construction had the following sources:
Issuance of Bonds 50,000
Transfer from City General Fund 100,000
Private Citizen Pledges Collected in 20x1 200,000
What should the city record in its capital projects fund for this year 20x1?
A 200,000 in revenue and 150,000 in other financing sources
B 350,000 in revenue
C 250,000 in revenue and 100,000 in other financing sources
D 100,000 in revenue and 250,000 in other financing sources
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