The following balances are included in the subsidiary records of Thistlewood: Town hall building $ 500,000 Town swimming pool (supported by user fees) 100,000 Police cars 20,000 Equipment 7,500 Office supplies 1,000 What is the total amount of general capital assets held by the town? Multiple Choice $527,500. $627,500. $628,500. $528,500.
The following balances are included in the subsidiary records of Thistlewood: Town hall building $ 500,000 Town swimming pool (supported by user fees) 100,000 Police cars 20,000 Equipment 7,500 Office supplies 1,000 What is the total amount of general capital assets held by the town? Multiple Choice $527,500. $627,500. $628,500. $528,500.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following balances are included in the subsidiary records of Thistlewood:
| Town hall building | $ 500,000 |
|---|---|
| Town swimming pool (supported by user fees) | 100,000 |
| Police cars | 20,000 |
| Equipment | 7,500 |
| Office supplies | 1,000 |
What is the total amount of general capital assets held by the town?
Multiple Choice
$527,500.
$627,500.
$628,500.
$528,500.
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