6. What accounts and amounts should be reported in Canes 2016 financial statements for the capital projects
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6. What accounts and amounts should be reported in Cane’s 2016 financial statements for the capital projects fund?
a Other financing sources, $2,000,000; general long-term debt, $2,000,000 b Revenues, $2,000,000; expenditures, $2,000,000 c Other financing sources, $3,000,000; expenditures, $3,000,000 d Revenue, $3,000,000; expenditures, $3,000,000
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Related Book For
Advanced Accounting
ISBN: 9781292214597
13th Global Edition
Authors: Joseph H. Anthony, Bruce Bettinghaus, Floyd A. Beams, Kenneth Smith
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