A city uses General Fund resources to purchase a police car costing $40,000. How should the city account for the purchase in the General Fund?

Select one:

A.

Police cars	40,000
Cash		40,000

B.

Expenditurescapital outlay	40,000
Cash		40,000

C.

Other financing usecapital outlay	40,000
Cash		40,000

D.

Police cars	40,000
Other financing source		40,000