Sale of tax-supported bonds


The sale of tax-supported bonds at par for the eventual construction of a new city jail would require recognition in which of the following funds and/or activites?

A debt service fund, capital projects, and governmental activities

B Capital projects fund and the governmental activites

C Capital projects and debt service funds

D Debt service fund and the governmental activites

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Accounting Basics: Sale of tax-supported bonds
Reference No:- TGS093104

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