Some transactions are reported differently in fund versus government-wide statements, but others are not. The State Department of Highways engaged in the following transactions or was affected by the following events during its fiscal year ending on December 31, 2013:
a. It signed a two-year lease for office space for the period June 1, 2013, through May 31,2015. Rent was to be $20,000 per month. Upon signing the lease, it paid one year%u2019s rent of $240,000 in advance. It accounts for prepayments on a purchases basis.