Which of the following is a true statement about governmental units that issue tax-supported debt to finance capital projects?
A) Most states do not permit bonds to be issued at a premium.
B) Accrued interest is recorded as an other financing source of the capital projects fund.
C) Premiums on bonds issued is recorded as an "other financing source" of the debt service fund.
D) Premiums on bonds issued must be amortized in the debt service fund.