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Ramsey County's general fund had the following transactions during the year: Payment to a pension trust fund$1,000,000 Transfer to a debt service fund$200,000 Purchase of
Ramsey County's general fund had the following transactions during the year:
Payment to a pension trust fund$1,000,000
Transfer to a debt service fund$200,000
Purchase of equipment$600,000
What amount should Ramsey County report for the general fund as expenditures in its government funds statement of revenues, expenditures, and changes in fund balances?
- 1,400,000
- 800,000
- 1,000,000
- 1,800,000
- 1,200,000
- 200,000
- 1,600,000
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