Campbell county uses the consumption method to record all inventories and prepayments. the county has a 9/30 fiscal year-end. on april 1, 2018, the county purchased a two-year insurance policy at a total cost of $400,000, paying for the policy out of the general fund. in the fund financial statements, the amount of insurance expenditures for the fiscal year ended 9/30/18 would be
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Campbell county uses the consumption method to record all inventories and prepayments. the county ha...
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