As a consequence of these transactions the amount that


The city of Alpine incurred the following costs during the year in its property tax collection department:

Purchase of computer equipment $400,000
Salaries and wages $410,000
Purchase of electricity from the city-owned electric utility $450,000
Purchase of supplies, all of which were used during the year $10,000

As a consequence of these transactions, the amount that Alpine should report as expenditures in its general fund is?

a. $400,000
b. $410,000
c. $450,000
d. $460,000

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Accounting Basics: As a consequence of these transactions the amount that
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