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Turtleneck township was approved for a grant from the state government the grant provides for reimbursement up to $250000 for expenditures incurred to weatherize homes
Turtleneck township was approved for a grant from the state government the grant provides for reimbursement up to $250000 for expenditures incurred to weatherize homes for low-income persons during the year turtleneck township expended $135000 For allowable costs for which it submitted documentation to the state the journal entry turtle neck township should make during the year would include a credit to deferred inflow of resources for $250000 credit to deferred inflow of resources 4 a $135000 Debit to due from state government for $135000 debit to due from state government for $250000
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